6. (4 points) Part of chapter 4 is learning how a change in price has a total effect that can be decomposed into a substitution and income effect. Examine the following graph depicting an increase in the price of q1 (music tracks): 40 3O q2, Live music per quarter 0 12 16 24 30 40 so Income effect - Substitution effect (71. Music tracks Total effect per quarter Look at the horizontal axis and answer the following: What is the total effect of the price change on q1 ? What is the substitution effect of the price change on q1 ? What is the income effect of the price change on q1