Some Sales Managers Are Talking Shop

question 1

Multiple Choice

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

• A)"Since our competitors raised their prices,our sales have doubled."
• B)"It has been an unusually mild winter;our sales of wool scarves are down from last year."
• C)"We decided to cut our prices,and the increase in our sales has been remarkable."
• D)"The Green movement has sparked an increase in our sales of biodegradable products."
• E)"More firms are producing biodegradable products."

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Definitions:

Playing Cards

A set of rectangular pieces of card stock or thin plastic, often numbered or illustrated, used in a variety of games.

Serotonin

A neurotransmitter that affects mood, appetite, and sleep, and is commonly linked to feelings of well-being and happiness.

Dopamine

A neurotransmitter involved in controlling movement and posture, moderating mood, and plays a central role in positive reinforcement and dependency.

Correlational Studies

Research methods that examine the relationship between two or more variables to determine if a change in one variable is associated with a change in another.