Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

The income elasticity for tin mackerel was calculated as -1.2. This means that tin mackerel is:
A. A luxury good.
B. An inferior good.
C. Inexpensive, relative to other goods.