If an excise tax is imposed on a good,then the supply curve:

Name: If an excise tax is imposed on a good,then the supply curve:
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When an excise tax is imposed on a good, the cost of producing or selling that good increases by the amount of the tax. This is represented graphically by a shift up (or to the left) of the supply curve by the amount of the tax, indicating that at each price level, less of the good is supplied than before the tax was imposed.

If an Excise Tax Is Imposed on a Good,then the Supply