I am confused about the amount of tax producers and consumers pay.
On this diagram, I can see that the supply curve increases by twenty dollars, as the tax is 20 dollars. The consumers have to pay 10 dollars more from what they previously had to pay.
This confuses me a bit. Don't producers and consumers pay the same amount of tax? When I look at this, it seems like they pay a different amount. The consumers pay 10 dollars more, but the producers don't pay $10 more.