Imposing a Sales Tax on Sellers of a Product Has

Multiple Choice

Imposing a sales tax on sellers of a product has an effect that is similar to which of the following?

A) An increase in demand for the good.
B) A decrease in consumers' preferences for the good.
C) Anything that decreases the demand and shifts the demand curve leftward.
D) An increase in the costs of production.
E) A decrease in people's willingness to work.