Other Things Being Equal, the Effect of a Decrease in the Price

question 174

Multiple Choice

Other things being equal, the effect of a decrease in the price of DVDs on the market for DVD players is a(n) :

• A) leftward shift in the demand curve for DVD players.
• B) upward movement along the demand curve for DVD players.
• C) rightward shift in the demand curve for DVD players.
• D) downward movement along the demand curve for DVD players.

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Definitions:

Missionary Salesperson

A salesperson who promotes a product indirectly, often focusing on educating potential customers rather than directly closing sales.

Tyco Healthcare

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Operating Rooms

Specialized facilities within hospitals or clinics where surgical operations are carried out under sterile conditions.

Outside Order Getters

Salespersons who work primarily outside of a company’s physical premises, visiting potential or existing customers to obtain orders.