If a Consumer Doubles Her Quantity of Ice Cream Consumed

question 32

Multiple Choice

If a consumer doubles her quantity of ice cream consumed when her income rises by 25%,then her income elasticity of demand for ice cream is

• A) 8.0.
• B) 4.0.
• C) .25.
• D) .08.

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Definitions:

Progressive Relaxation

A technique for reducing stress and anxiety by tensing and then relaxing each muscle group in the body progressively.

Completely Relaxed

Being Completely Relaxed refers to a state of physical and mental calm, free from stress or tension.

Simulated

Refers to something made to imitate a real or genuine thing; often used in experiments, training, or modeling.

Token Economy

A behavior modification system that uses tokens as reinforcing agents for desired behaviors, which can later be exchanged for various rewards.