* Which of the following statements is correct? * A.THE INCOME ELASTICITY OF DEMAND FOR SHELTER IS HIGH. * B. THE INCOME ELASTICITY OF DEMAND FOR LUXURIES IS HIGH. * C. THE INCOME ELASTICITY OF DEMAND FOR CLOTHING IS HIGH. * D. THE INCOME ELASTICITY OF DEMAND FOR FOOD IS HIGH.

/in /by

* Which of the following statements is correct?
* A.THE INCOME ELASTICITY OF DEMAND FOR SHELTER IS HIGH.
*  B. THE INCOME ELASTICITY OF DEMAND FOR LUXURIES IS HIGH.
*  C. THE INCOME ELASTICITY OF DEMAND FOR CLOTHING IS HIGH.
*  D. THE INCOME ELASTICITY OF DEMAND FOR FOOD IS HIGH.

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