Use the table below to answer the following question. If your income increases from 10,000 to 12,000, compute the income elasticity of demand (the price being equal to 10). PRICE (S) QUANTITY DEMANDED QUANTITY DEMANDED INCOME $10 000 INCOME $12 000 Select one: \\ a. The income elasticity of demand for discs is equal to 1.22 and the disc is a normal good " b. The income elasticity of demand for discs is equal to 0.75 and the disc is an inferior good \\ c. The income elasticity of demand for discs is equal to 0.375 and the disc is an inferior good \\ d. The income elasticity of demand for discs is equal to 1.97 and the disc is a normal good