-The Above Table Gives the Demand and Supply Schedules for Blu-Ray

question 325

Multiple Choice

-The above table gives the demand and supply schedules for Blu-ray discs. Based on the table, the equilibrium quantity and price of Blu-ray discs is

• A) 28,000 and $12.
• B) 20,000 and $20.
• C) 16,000 and $24.
• D) 16,000 and $16.

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Definitions:

FAB Sequence

A sales technique that stands for Features, Advantages, and Benefits, aimed at highlighting a product's value to the customer.

Trial Close

A sales technique where the seller proposes a commitment question to gauge the buyer's readiness to make a purchase decision.

Economic Needs

The buyer’s need to purchase the most satisfying product for the money.

Stimulus-response Model

A sales model based on the belief that certain stimuli can elicit predictable responses from consumers, guiding sales tactics.