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This test is run by .
Note that your final mark will not be saved in the system.

1.2.1 Demand & 1.2.2 Supply Reorder

Target Level

Running Total

Attempt

1 of 3

Drag and drop the boxes into the correct order.

If the government increases indirect tax such as VAT what impact will this have on the supply of products and services?

Which means that the prices of goods to customers will increase
Which means that the business may decide to reduce production on those goods as they are less profitable
Costs of production will increase
Which means that the business will have a negative impact on their profits
Which means that sales and sales revenue will decrease

This is your 1^st attempt! The marking algorithm gives more marks for getting the right order first time.

Pass Mark

70%