Health Promotion Programs That Target the Elderly

question 7

Multiple Choice

Health promotion programs that target the elderly

• A) are a waste of money because health habits are established early in life.
• B) are important right now, but they will become less important as the size of the elderly cohort declines over the next 10 years.
• C) will become increasingly important as the size of the elderly cohort continues to increase over the next 10 years.
• D) will become less important because the elderly cohort is exceptionally healthy and active.
• E) should focus only on the dietary habits and not than social/emotional effects of aging.

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Definitions:

Inelastic Demand

A market condition where the demand for a good or service is relatively unresponsive to changes in its price.

Substitute Resources

Alternative resources that can be used in place of another to satisfy consumer demand or production needs, often affecting market competition and prices.

Elastic Demand

A market situation where the quantity demanded of a good or service changes significantly as its price changes.

Short Run

A period during which at least one of a firm's inputs is fixed, limiting its ability to adjust production levels.