Table: Elasticity Characteristics The Table Lists the Characteristics of Three Goods

Multiple Choice

Table: Elasticity Characteristics $$\begin{array} { l l l } \hline \text { Good X } & \text { Good Y } & \text { Good Z } \\\hline \text { Few Substitutes } & \text { Many Substitutes } & \text { Few Substitutes } \\\text { Luxury good } & \text { Luxury good } & \text { Necessary good } \\\text { Small part of budget } & \text { Large part of budget } & \text { Small part of budget } \\\hline\end{array}$$ The table lists the characteristics of three goods. Good ________ is the most inelastic, and Good ________ is the most elastic.

A) X; Y
B) Z; Y
C) X; Z
D) Y; X