Drew recently received a promotion at his job, increasing his income from $940 per week to $1,060 per week. As a result, he decides to purchase 9% more Kobe steaks per week. Computed using the midpoint method, his income elasticity for Kobe steaks is _____, and Kobe steaks are a(n) _____ good.
A)0.75; normal
B)-0.75; inferior
C)0.71; normal
D)-0.71; inferior

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The Answer of Drew recently received a promotion at his job, increasing his income from $940 per week to $1,060 per week. As a result, he decides to purchase 9% more Kobe steaks per week. Computed using the midpoint method, his income elasticity for Kobe steaks is _____, and Kobe steaks are a(n) _____ good.
A)0.75; normal
B)-0.75; inferior
C)0.71; normal
D)-0.71; inferior

Drew Recently Received a Promotion at His Job, Increasing His