What is the elasticity of expenditure with respect to income when the household weekly income level is $1,000 in the following model? where y is household weekly food expenditure in dollars and x is household weekly income in hundred dollars. Note: Evaluate the elasticity at the expected value of y when income is $1000.

Select one: 

a. 0.964 

b. 0.731 

c. 0.214 

d. 0.996

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