Some sales managers are talking about business. Which quotation refers to a movement along 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 made our biodegradable products best-sellers."
E) None of the above

Question

Quizplus · Accepted Answer

Cutting prices can cause a movement along the demand curve, as consumers are more willing to buy at a lower price point. The other options discuss factors that could shift the entire demand curve, such as changes in weather or consumer preferences.

Some Sales Managers Are Talking About Business