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?

All of the following are sources of funding for capital goods in developing countries EXCEPT

A) portfolio investment. B) taxation. C) foreign direct investment. D) loans from banks.

The figure shows the demand for and costs of producing Charlene's Chocolates. If Charlene's Chocolates is a monopoly and charges one price to all customers, then the consumer surplus is ________

A) $400 B) $900 C) $0 D) $200