When Certain Consumer Products Are in High Demand,producers Might Buy

question 158

Multiple Choice

When certain consumer products are in high demand,producers might buy extra materials and equipment and when demand subsides,producers will cut back on their material purchases.This describes ____ demand.

• A)joint
• B)inelastic
• C)consumer
• D)fluctuating
• E)derived

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Definitions:

Fruit

The sweet and fleshy product of a tree or other plant that contains seed and can be eaten as food.

Argument By Analogy

A form of reasoning that compares two different things because of their similarities in some respects.

Alike

Similar in nature, appearance, or characteristics; having resemblance or correspondence.

Inductive Generalization

A reasoning process that involves drawing broad conclusions from specific instances.