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13. A dirty, filthy, and rat-infested apartment in a high crime neighborhood would obviously not be a desirable place for most people to live. Look

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13. A dirty, filthy, and rat-infested apartment in a high crime neighborhood would obviously not be a desirable place for most people to live. Look at the Income elasticity figures below and choose the one that would best match this scenario. A) Income Elasticity would = 1.50 B) Income Elasticity would = 1.00 C) Income Elasticity would = 0.25 D) Income Elasticity would = negative -1.25 or (1.25)

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