Based on the diagram, what is the consumer's burden of the tax? $ Price 200- What is the producer's burden of the tax? $ 180- S' What is the amount of the tax? $ 160- IS 140- .... . The burden of the...

Extracted text: Based on the diagram, what is the consumer's burden of the tax? $ Price 200- What is the producer's burden of the tax? $ 180- S' What is the amount of the tax? $ 160- IS 140- .... . The burden of the tax is producers because the elasticity of demand the 120- elasticity of supply. 100- 80- is less than 60- exceeds 40- 20- 0- 20 40 60 80 100 120 140 160 180 D.