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Suppose that in Canada the government places a $1,500 tax on the buyers of new snowmobiles. After the purchase of a new snowmobile, a buyer

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Suppose that in Canada the government places a $1,500 tax on the buyers of new snowmobiles. After the purchase of a new snowmobile, a buyer must pay the government $1,500. How would the imposition of the tax on buyers be illustrated in a graph? O A. The tax will shift the demand curve vertically downward by more than $1,500. O B. The tax will shift the demand curve vertically downward by less than $1,500. O C. The tax will shift both the demand and supply curves vertically downward by $1,500. O D. The tax will shift the demand curve vertically downward by $1,500

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