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dalvyx [7]
2 years ago
5

The headline reads: "Jeep prices fall by $4500!" A lot of shoppers buy a Jeep. Is a

Social Studies
1 answer:
lbvjy [14]2 years ago
7 0

Here, the Jeep is an elastic product.

<u>Explanation: </u>

According to the economics, a product is said to be an elastic product when the price of the products increases or decreases resulting in a drastic change in the demand of quantity of the product. While a product is said as the inelastic product when the price of the product differs or fluctuates resulting in little changes in the quantity demand of the product. Here, <em>when the Jeep's price dropped down by $4500, the quantity and demand of the Jeep increases. Therefore, there were a lot of shoppers who bought a Jeep</em>.

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The correct answer is the doll

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The process for investigating a particular phenomenon in nature usually involves three levels. In the first level, observation of facts, phenomena, behaviors and activities takes place; at the second level, we have the hypotheses and finally, at the third level, theories, valid and sustainable hypotheses (those that have been tested) arise.

Independent Variable:

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