Use the Following Information to Answer Questions

question 7

Multiple Choice

Use the following information to answer questions.
Mr.K is a 66-year-old African American.He was admitted to the emergency room of Twin Peaks Hospital after passing out unexpectedly at work.He is having difficulty talking and does not know what happened to him.His wife provides the dietitian on staff the following information about his diet.Breakfast: eggs fried in butter,toast,and black coffee;Lunch: ham sandwich,canned soup,potato chips,diet soda,and a candy bar;Dinner: beef or other type of meat,potato with butter,broccoli with mayonnaise,ice cream,and black coffee.

-What do you suspect is wrong with Mr.K?

• A)He had a heart attack
• B)He had a stroke
• C)He had a hypoglycemic episode due to diabetes
• D)He has brain cancer
• E)He has GERD

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Definitions:

Income Elasticity

The ratio of the percentage change in the quantity demanded of a good to the percentage change in consumer income, used to measure how changes in income affect demand.

Negative

Typically associated with undesirable outcomes or attributes, indicating a deficit or reduction.

Good A

A hypothetical or generic product or service that is used as an example in economic theories or problems.

Price-Inelastic

A scenario where the demand for a good or service is relatively unchanged when the price varies.