Table 5-1 -Refer to Table 5-1.Using the Midpoint Method,the Income Elasticity of Method,the

Multiple Choice

Table 5-1

-Refer to Table 5-1.Using the midpoint method,the income elasticity of demand for good Y is

A) 2.33 and good Y is a normal good.
B) -2.33 and Y is an inferior good.
C) -0.43 and Y is an inferior good.
D) -0.43 and Y is a law-of-demand good.