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Income rises from $3,500 to $4,000 a month and the quantity demanded of good X falls from 7 to 5 units a month. Income elasticity

Income rises from $3,500 to $4,000 a month and the quantity demanded of good X falls from 7 to 5 units a month. Income elasticity of demand (for good X) is and good X is a(n) good. O O a. -2.28; inferior O O b. 2.50; normal O O O c. -2.50; inferior O O d. 0.40; normal O O e. 0.40; normal O

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