The Income Elasticity of Demand for Skiing Trips to Falls

question 2

Multiple Choice

The income elasticity of demand for skiing trips to Falls Creek is greater than one. Thus a trip to Falls Creek for skiing is ________ good.

• A) an inferior
• B) a price inelastic
• C) a normal
• D) a unit elastic
• E) a price elastic

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Definitions:

Formal Nursing Diagnosis

A clinical judgment about individual, family, or community experiences/responses to actual or potential health problems/life processes.

Medical Practice

The profession or activity of providing healthcare services, including diagnosis, treatment, and prevention of diseases.

Urinary Retention

Retention of urine in the bladder; condition frequently caused by a temporary loss of muscle function.

Impaired Swallowing

Difficulty or inability to swallow properly, which may interfere with eating and drinking.