Answer:
the second one
Explanation:
I'm just good at social studies -_-
Maybe because there were to many mistakes in the first one. or because they did not know how to
The sea route west to Cathay. It is not known when the idea originated of sailing westward in order to reach Cathay.
Answer:
the definition of a market in determining the price elasticity of demand
Explanation:
In economics, the price elasticity of demand is the measure used to determine the responsiveness and the elasticity of a quantity demanded for a good or a service to increase in the price when nothing but only the price of the product changes. It is the measure to show the demand of a product in relation to the price change of the product.
In the context, Juan Carlos is is filling up a survey regarding the demand or purchasing of toothpaste when the price of the toothpaste changes. Thus this is important to study the price elasticity of demand of a product in the market economy.
