The table gives a consumer’s spending on a selection of goods at different income levels. For which good is the consumer’s income elasticity of demand above zero but below one?
- AGood A: consumer’s expenditure $10, $18, $40 at incomes $40, $50, $100
- BGood B: consumer’s expenditure $10, $11, $20 at incomes $40, $50, $100
- CGood C: consumer’s expenditure $10, $10, $10 at incomes $40, $50, $100
- DGood D: consumer’s expenditure $10, $8, $6 at incomes $40, $50, $100