Question: Please solve for correct option and explain. It is 2028, and you have just been made regional manager covering the the Gaslight district of Trumpistan

Please solve for correct option and explain.

It is 2028, and you have just been made regional manager covering the the Gaslight district of Trumpistan for a firm selling pre-prepared meal subscriptions. Importantly, the home office sets the same price in all regions, choosing what is best for the company as a whole. You have been given the data about your region. 2026 2027 subscriptions 2,000 2,200 monthly subscription price $100 $95 average income $100,000 $100,000 What valid inferences about demand in the Gaslight district can you draw from this data? O Demand is price elastic. Income elasticity of demand equals 1. O Demand is price elastic. Income elasticity of demand equals 0 O Demand is price elastic. Subscriptions may be either normal or inferior. O Demand is price inelastic. Income elasticity of demand equals 1. O Demand is price inelastic. Income elasticity of demand equals 0 Demand is price inelastic. Subscriptions may be either normal or inferior

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