Refer to the graph below. Assume that the initial equilibrium in the market for bus quiz 4 question F' image Hues .s pmutn '30 rides per week}. The price of bus rides increases and the equilibrium shifts to point B [20 rides per weekl. The diagram suggests that: 5 of oth er cons u m ption 45 4Q 35 3'0 25 2G 15 1'0 5 # of bus rides per 1week [j bus rides are a normal good (:3: the income effect is larger than the substitution effect If\": the demand curve for bus rides is sloping down \\_/' {i} All of the above