I require help on solving the tax revenue and incidences for both producers and consumers.   Supply:  P=0.25Q Demand: P=300-0.75Q   Instead of a price control, government levies a $20 excite tax on producers. Formulate the new supply curve and solve for the new equilibrium price and quantity.   Calculate with a diagram the tax revenue and the tax incidences for both producers and consumers.  Discuss how buyers and sellers share the tax burden by applying relevant theories and an appropriate diagram.

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