If There Is an Excise Tax Collected by Suppliers of a Particular

Multiple Choice

If there is an excise tax collected by suppliers of a particular product, when we draw the graph of supply and demand we would normally represent the excise tax by:

A) a horizontal shift of the supply curve to the left by the amount of the excise tax.
B) a horizontal shift of the supply curve to the right by the amount of the excise tax.
C) a vertical shift up of the demand curve by the amount of the excise tax.
D) a vertical shift up of the supply curve by the amount of the excise tax.