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A, B and C Price for Quantity Income (RM) goods A Demand (RM) Goods A Goods B Goods C 30 20 2500 2 60 35 20 2000 3 40 40 20 1500 20 45 20 1000 a) Explain TWO (2) factors that affecting elasticity of demand. (4M) b) Calculate the price elasticity of demand for goods A when its price decrease from RM 3 to RM1 (3M) c) Based on your answer (b) , identify the elasticity (1M) Explain definition of cross price elasticity of demand (2M) d) Calculate the cross price elasticity for goods B when the prices of goods A increase from RM2 to RM4. (3M) e) What the relationship between goods A and goods B? (1M) f) Explain definition of income elasticity of demand (2M) g) Calculate income elasticity of demand for goods B if consumers' income increases from RM 1500 to RM 2500. (3M)