Some Sales Managers Are Talking Shop

question 34

Multiple Choice

Some sales managers are talking shop.Which one of the following quotations refers to a leftward shift of 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:

Federal Support

The assistance or backing provided by a federal government to states, organizations, or individuals, often in the form of financial aid, policies, or resources.

Irrigation System

An artificial method of supplying water to land or crops to promote agriculture in areas lacking sufficient rainfall.

Mythic West

The Mythic West refers to the idealized and romanticized vision of the American West during the 19th and early 20th centuries, characterized by themes of adventure, lawlessness, and opportunity.

American Identity

A concept referring to the shared culture, values, traditions, and beliefs that define the people of the United States.