I believe it is b physical punishment. I hope it is right sorry if not
Here, the Jeep is an elastic product.
<u>Explanation:
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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>.
<span>Globalization. This is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology and usually improves the local economy.</span>
