If John Purchases 10 Percent More Compact Discs When His

Multiple Choice

If John purchases 10 percent more compact discs when his income increases 5 percent, then:

A) his total expenditure on compact discs will fall as his income increases.
B) compact discs would be classified as an inferior good.
C) compact discs would be price elastic.
D) compact discs would be income inelastic.
E) compact discs would be income elastic.