If the government imposes a $5 excise tax on leather shoes and the price of leather shoes does not change:

A) the government will receive less tax revenue than anticipated.
B) consumers are paying all of the tax.
C) producers are paying all of the tax.
D) consumers and producers are paying equal amounts of the tax.

Excise Tax

A tax imposed on specific goods, services, or activities, often with the aim of reducing consumption of those items or generating revenue.

Tax Revenue

The income that is gained by governments through taxation, used to fund public services and government operations.

Leather Shoes

Footwear made from the hide of animals, treated and fashioned into various styles and forms for practical and fashion purposes.