The diagram below shows supply and demand diagrams (S and D) for some product.The government then imposes an excise tax.The new supply curve is 
. 
FIGURE 18-4
-Refer to Figure 18-4.What is the dollar value of the direct burden of this tax?
Definitions:
Production Possibilities Curve
The production possibilities curve is a graphical representation showing the maximum combination of goods or services that can be produced in a given time period, given available resources and technology.
Concave
A shape or curve that is rounded inward, resembling the interior of a circle or sphere.
Closer
A term or concept that seems to lack a clear definition in the specified context, suggesting a possible error or non-relevance. NO.
Production Possibilities Curves
A graphical representation showing the maximum number of goods or services that can be produced when efficiently utilizing resources.
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