American Girl Doll The American Girl Catalog Began as a Concept to Introduce

question 43

Multiple Choice

American Girl Doll
The American Girl catalog began as a concept to introduce today's girls to those who lived in the past. Each historically accurate doll is carefully crafted and dressed and has books to describe her life. For example, Kristen is an 1854 pioneer girl who is growing up in Minnesota. Her story begins with her long sea voyage from Sweden. The basic doll, dressed in a calico dress and striped apron plus the hardcover story of how she got to Minnesota, costs $90.00. Six more hardback books of Kristen's life are available for $74.95. Kristen's nightgown costs $20.00, and a matching one for the doll owner is an additional $38.00. Buy both together and the price is only $50.00. A hand-painted wooden bed and trunk for Kristen are available for $213.00. Shipping costs vary with the price of the merchandise ordered.
-Refer to American Girl Doll.Based on the information in the narrative,which of the following factors is most likely to affect the elasticity of demand for the doll?

• A) The absence of substitutes
• B) The existence of complementary products
• C) The price relative to purchasing power
• D) Product durability
• E) A variety of alternative uses for the product

---

Definitions:

Uncertainties

Situations or conditions where the outcomes are unpredictable or unknown, often leading to anxiety or stress in individuals.

Analyze Assumptions

The process of critically examining the underlying beliefs and biases that inform one's thoughts or arguments.

Productive

Relating to the ability to produce or generate a significant amount or result, often used in the context of work, creativity, or economics.

Commit Crimes

The act of engaging in activities that violate the law.