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Some Sales Managers Are Talking Shop

Question 341

Multiple Choice

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


A) ʺIt has been an unusually mild winter; our sales of wool scarves are down from last year.ʺ
B) ʺSince our competitors raised their prices our sales have doubled.ʺ
C) ʺWe decided to cut our prices, and the increase in our sales has been remarkable.ʺ
D) none of the above

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