Necessities Such as Food and Clothing Tend to Have

Multiple Choice

Necessities such as food and clothing tend to have

A) high price elasticities of demand and high income elasticities of demand.
B) high price elasticities of demand and low income elasticities of demand.
C) low price elasticities of demand and high income elasticities of demand.
D) low price elasticities of demand and low income elasticities of demand.