Consider the Following Multiplicative Demand Function Where Q_D = Quantity

question 20

Multiple Choice

Consider the following multiplicative demand function where Q_D = quantity demanded,P = selling price,and Y = disposable income:

The coefficient of Y indicates that (all other things being held constant) :

• A)for a one percent increase in disposable income,quantity demanded would increase by .2 percent
• B)for a one unit increase in disposable income,quantity demanded would increase by .2 units
• C)for a one percent increase in disposable income quantity demanded would increase by .2 units
• D)for a one unit increase in disposable income,quantity demanded would increase by .2 percent
• E)none of the above

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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