1. Suppose that a consumer has well-behaved preferences for goods 1 and 2. As usual, denote the consumption of good 1 as 321 and that of good 2 as 332. Suppose that the price of good 1 increases from p1 to Pl- Illustrate the income and the substitution effects of the price increase on the consumption of good 1 for the following cases: a. Good 1 is a normal good. b. Good 1 is inferior, but is not a Giffen good. c. Good 1 is a Giffen good