Data collected from the economy of Royal City reveals that an 18% increase in income leads to the following changes

• 29% increase in the quantity of acres demanded
• 17% decrease in the quantity of clubs demanded
• 14% increase in the quantity of flops demanded

Income Elasticity of Demand

Aces

a) -1.61

b) 0.62

c)0.62

d) 1.61

Clubs

a) -1.06

b)-0.94

c)0.94

d)1.96

Flops

a)-1.29

b)-0.78

c)0.78

d)1.29

Normal or Inferior Good

Aces?

Clubs?

Flops?

Which of aces clubs flops will most likely be classified as luxury good?