Wheat Is the Main Input in the Production of Flour

question 70

Multiple Choice

Wheat is the main input in the production of flour.If the price of wheat decreases,then we would expect the

• A)demand for flour to increase.
• B)demand for flour to decrease.
• C)supply of flour to increase.
• D)supply of flour to decrease.

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Definitions:

Stimulus-response Model

A communication or behavioral theory suggesting that an external stimulus can elicit a particular response from an individual or audience.

Sales Presentation

A promotional talk or demonstration given to introduce or describe a product or service to potential buyers, aiming to persuade them to make a purchase.

Black Box

A system or device where the inputs and outputs are known, but the internal workings are not visible or easily understood.

FAB Sequence

A sales technique focusing on Features, Advantages, and Benefits of a product, aimed at highlighting its uniqueness and importance to the customer.