Buyers generally buy more of a good when a. their incomes are higher.
All of the above answers are correct. None of the above answers is correct. The law of demand states that a. an increase in the income of buyers decreases the quantity demanded. Maple nut ice cream would tend to have a very price sensitive demand elasticity because a. other flavors of ice cream are almost perfect substitutes. The demand for a good tends to be more price sensitive a. the greater the availability of close substitutes.