Mr Arias's Income Elasticity of Demand for Pawpaw Fruit Is

Multiple Choice

Mr. Arias's income elasticity of demand for pawpaw fruit is -1.5. What happens to the quantity of pawpaw fruit that he buys if his income increases by 10 percent?

A) He buys 15 percent more pawpaw fruit.
B) He buys 1.5 percent less pawpaw fruit.
C) He buys 15 percent less pawpaw fruit.
D) He buys 1.5 percent more pawpaw fruit.