Some Sales Managers Are Talking Shop

question 341

Multiple Choice

Some sales managers are talking shop. Which of the following quotations refers to a movement along the demand curve?

• A) ʺIt has been an unusually mild winter; our sales of wool scarves are down from last year.ʺ
• B) ʺSince our competitors raised their prices our sales have doubled.ʺ
• C) ʺWe decided to cut our prices, and the increase in our sales has been remarkable.ʺ
• D) none of the above

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Definitions:

Age-Graded Influences

Life events or milestones that are typically experienced by individuals at specific ages, shaped by cultural, societal, or biological factors.

History-Graded Influences

Events or forces that impact societies or groups of people across specific time periods, shaping development and behaviors.

Id

In psychoanalytic theory, the part of the mind in which innate instinctive impulses and primary processes are manifest.

Maximize Satisfaction

The concept or strategy aimed at making the most of pleasure or contentment while minimizing dissatisfaction or discomfort.