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I would love to check my answers. I worked out: C, B... is that correct? Thank you!! 9) Assume that beer is a normal good.

I would love to check my answers. I worked out:

C, B... is that correct? Thank you!!

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9) Assume that beer is a normal good. If the price of beer rises, then the substitution effect results 9) in the person buying of the good and the income effect results in the person buying of the good. A) less; more B) more; more C) less; less D) more; less 10) Assume that beer is an inferior good. If the price of beer falls, then the substitution effect results 10) in the person buying of the good and the income effect results in the person buying of the good. A) less; less B) more; less C) less; more D) more; more

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