Assume a consumer consumes two goods: wings and pizza, and that the consumer has normal or typical tastes and preferences. Then an increase in the price of pizza, ceteris paribus, would cause $\_\_\_\_\_\_\_\_\_\_\_\_.$

Question $27$ options:

the consumption of pizza to go up and the consumption of wings to go up

the consumption of pizza to go down and the consumption of wings to go up if the real income effect is greater than the substitution effect

the consumption of pizza to go down and the consumption of wings to go up if the substitution effect is greater than the real income effect

the consumption of pizza to go up if the substitution effect is greater than the real income effect and the consumption of wings to go up

All of the above