Some Sales Managers Are Talking About Business

question 44

Multiple Choice

Some sales managers are talking about business. Which quotation refers to a rightward shift of the demand curve?

• 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 hurt sales of our non-recyclable products."
• E) None of the above

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Definitions:

Bridge

A structure built to span physical obstacles without closing the way underneath such as a body of water, valley, or road, for the purpose of providing passage over the obstacle.

Depth Perception

The ability to perceive the distance of objects in three dimensions.

Visual Cliff

An experimental apparatus used to study perception of depth and fear of falling in infants, illustrating their ability to perceive depth.

Size Constancy

The perceptual process by which we perceive an object as being the same size despite changes in the distance from which it is viewed.