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

Multiple Choice

Table 5-5

-Refer to Table 5-5.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 good Y is an inferior good.
C) -0.43,and good Y is a normal good.
D) -0.43,and good Y is an inferior good.