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>.
The answer is: [D]: " 4 (FOUR) " . ____________________________________________ There are four (4) components of the "K.T. strategy" {"knowledge-transition strategy"}. ____________________________________________
