The Figure shows the effect of a $0.50 movie tax on the market for Boston movie tickets. In the pre-tax market, supply S₁ and demand D intersect at the equilibrium price of $8 and the equilibrium quantity of 400,000 movie tickets. The consumer surplus is A + B + C, and the producer surplus is D + E + F. The addition of the $0.50 tax per movie ticket results in an inward shift of the supply curve from S₁ to S₂ by the amount of the tax and decreases the equilibrium quantity to 340,000 tickets. The resulting tax wedge creates two prices: $8.30, the price the buyer faces, and $7.80, the price the seller actually receives. The new consumer surplus is A, and the producer surplus is F. Area B + D is government tax revenue, while area C + E is the deadweight loss.