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Table 57 -Refer to Table 5

Question 21

Multiple Choice

Table 5.7
 Quantity  Income  Good A 100$1,000120$2,000 Good B 200$20140$35\begin{array} { c c c } & \text { Quantity } & \text { Income } \\\text { Good A } & 100 & \$ 1,000 \\& 120 & \$ 2,000 \\\\\text { Good B } & 200 & \$ 20 \\& 140 & \$ 35\end{array}
-Refer to Table 5.7,which shows the change in the quantity demanded for Good A and Good B as a result of a change in income.Use the information to calculate the value of the income elasticity of demand for Good B.


A) -11/17
B) 17/9
C) 10/3
D) -3/10
E) 1

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