Taking the Absolute Value of the Income Elasticity of Demand

Multiple Choice

Taking the absolute value of the income elasticity of demand is incorrect because it would:

A) remove the ability to tell whether the two products have inelastic demand or elastic demand.
B) cause the value of the cross-price elasticity of demand to become smaller.
C) remove the ability to tell whether the product is an inferior good or a normal good.
D) cause the value of the cross-price elasticity of demand to become zero.