Jennifer Expects the Price of CDs to Go Up by 10

question 123

Multiple Choice

Jennifer expects the price of CDs to go up by 10 percent next week.Which of these is most likely to result from such an expectation?

• A)Jennifer's demand for CD players will decrease during this week.
• B)Jennifer's demand for CDs will decrease during this week.
• C)Jennifer's demand for CDs will increase during the following week.
• D)Jennifer's demand for CDs will increase during this week.
• E)Jennifer's demand for CD players will increase during the following week.

---

Definitions:

Income From Operations

Earnings generated from a company's regular business activities, excluding revenues and expenses from non-operating activities.

Sales

The total revenue generated from goods or services sold by a company during a specific period, indicating the primary source of business income.

Cost Of Goods Sold

Direct spending on materials and labor required to produce the merchandise a company sells.

Operating Expenses

The costs associated with the day-to-day activities of a business, excluding costs directly tied to the production of goods or services, such as rent, utilities, and salaries.