If a Tax Is Levied on the Buyers of a Product,then

question 176

Multiple Choice

If a tax is levied on the buyers of a product,then the supply curve will

• A)not shift.
• B)shift up.
• C)shift down.
• D)become flatter.

---

Definitions:

Purchasing

The process of obtaining goods, services, or works from an external source with specific terms and conditions.

Strategic Sourcing

An approach to procurement that emphasizes continuous improvement and development of purchasing activities to enhance competitive advantage.

Strategic Sourcing Process

A method used by organizations to evaluate and engage suppliers with the objective of achieving cost savings, improving quality, and obtaining more favorable terms.