Businesses can reduce their overall tax liabilities by strategically including exempt items like unprepared groceries and prescription medications in their product offerings. This allows them to offer competitive pricing and attract more customers. Resellers and nonprofits can utilize exemption certificates for tax-free purchases, enhancing profitability and operational efficiency. Consumers benefit by paying lower prices on essential goods and services, such as groceries, prescription drugs, and certain utilities. These exemptions help maintain affordability for necessary expenses, increasing consumer spending power and satisfaction, while businesses can leverage these exemptions to target specific market segments and enhance sales.