单选题
If a 10 percent income increase caused a group of consumers to
increase their purchases of television sets from 95 to 105, the group's income
elasticity of demand for television sets would be closest to:
A. 1.00.
B. 0.10.
C. 0.83.
【正确答案】
A
【答案解析】Income elasticity is the sensitivity of demand to changes in consumer income.
Income elasticity = (percent change in quantity demanded)/( percent change in income) =[(105-95)/100]/0.10=1.00.