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- Price (P) S2 (after tax) S; (before tax) Таx $35 $30 $25 $20 D 90 100 Quantity (Q) The diagram above shows a market before and after an excise tax has been levied by the government. The diagram indicates the amount of the tax is: Select one: а. $20 b. $5 C. $35 d. $10What is the definition of Property taxEFFECT OF A TAX ON BUYERS AND SELLERS