Question

Sony has sold the same number of television sets each month for almost a year. However, in one month that number suddenly doubled while other brands did not have increased sales which of the following is the MOST LIKELY explanation for this increase in quantity demanded?

Answer 1

A. Increased prices of Sony televisions resulted in an increase in the quantity demanded.

B. Other brands had poor color reception.

C. Reduced prices of Sony televisions resulted in an increase in the quantity demanded.

D. Government regulations forced an increase in the demand for major brands.

Step-by-step explanation:

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Answer 2

If Sony has sold the same number of television sets each month for almost a year but in one month the number suddenly doubled while other brands did not have an increase in sales, Sony most likely had a sale on their current TV's. If there were no other changes besides an increase in sales that Sony had, they probably had a sale on their TV's or some type of promotion with the purchase of a Sony TV. Different stores and brands often offer sales on items that they want to "push" sales for and get stock out of their store. Having a sale on a brand or product, usually results in more sales for that brand because consumers are know for purchasing more when something is on sale.