Douglas consumes two goods, x and y. His utility function is u(x, y) = W + y. In the questions below, give your answers to two decimal places. 2nd attempt Part 1 (1 point) Let the price of good x be $2 and the price of good y be $1. Furthermore, assume that Douglas has $330.00 to spend on these two goods. How much of good x does Douglas demand? Remember to round your answer to two decimals. Part 2 (2 points) Now suppose that the price of good x decreases to $1.00. Remember to round all answers to two decimals. What is the income effect of this price change on the demand for x? What is the substitution effect of this price change