Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: The Market for Yachts
-(Figure: The Market for Yachts) Look at the figure The Market for Yachts. If the government imposes a $60,000 tax on yachts (collected from the producers) , consumers will pay _____ of the tax and producers will pay _____.

A) $30,000; $30,000
B) $40,000; $20,000
C) $20,000; $40,000
D) $10,000; $50,000