Assume the Cookie Monster,who Eats Only Cookies,has an Income of $200

question 95

Short Answer

Assume the Cookie Monster,who eats only cookies,has an income of $200 a week and that the price of a cookie is $2.If the price doubles,he cuts his consumption in half.How much is his elasticity of demand for cookies?

---

Definitions:

ADIME

Four-step process of the Nutrition Care Process; assessment, diagnosis, intervention, and monitoring and evaluation.

Waist Circumference

A measurement around the smallest area below the rib cage and above the belly button, used to assess abdominal obesity and related health risks.

Cut-off Points

Predetermined values or levels at which changes in treatment or strategy are applied.

Nutrition Counselors

Professionals who provide advice on matters of food and nutrition impacts on health.