The supply curve will shift upward if a tax is levied on the sellers of a product.
A supply curve shows the graphical representation of the price of the product and the quantity of the product for the given time period.
When a supply curve shift upwards, it shows a decrease in the supply of the goods and increase in the price of goods. This shows how the curve will shift with a change in the prices of goods.
A supply will get a shift in the direction due to factors like the cost of input, changes in technology, events caused by natural shifts and so on.
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