Some Sales Managers Are Talking About Business

question 108

Multiple Choice

Some sales managers are talking about business. Which quotation refers to a change in quantity demanded?

• A) "Since our competitors raised their prices, our sales have tripled."
• B) "Because it's been such a warm winter, our sales of wool scarves are down from last year."
• C) "We decided to cut our prices, and there has been a big increase in our sales."
• D) "The Green movement has made our biodegradable products best-sellers."
• E) None of the above

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Definitions:

Infant Categorization

The process by which infants begin to organize objects, people, and concepts in their environment into categories.

Attention

The action of focusing cognitive resources on a specific stimulus or task, excluding others.

Memory

The cognitive function that allows an individual to store, retain, and subsequently recall information.

Static Stimuli

Visual or auditory input that does not change over time, used in experiments to assess sensory or cognitive responses.