If Income Elasticity of Demand for Food Is 1

Multiple Choice

If income elasticity of demand for food is 1.55 it follows that

A) a 10 percent rise in the price of food lowers the quantity demanded of food by 15.5 percent.
B) if income rises by 10 percent,consumption of food rises by 15.5 percent.
C) if income rises by 10 percent,consumption of food falls by 15.5 percent.
D) a 1 percent rise in the price of food decreases the quantity demanded of food by 1.55 percent.
E) none of the above