Suppose an excise tax of $0.75 is imposed on every pack of cigarettes sold and sellers are responsible for paying this tax. How would the imposition of the tax be illustrated in a graph?
A) The supply curve for cigarettes would shift to the left by more than $0.75.
B) The supply curve for cigarettes would shift to the left by $0.75.
C) The supply curve for cigarettes would shift to the left by less than $0.75.
D) The supply curve for cigarettes would shift to the right by $0.75.