Question: For A, B, D, & E please tell me if the effect is positive or negative and explain why. Thanks!! 1. Sam consumes only green

For A, B, D, & E please tell me if the effect is positive or negative and explain why. Thanks!!

For A, B, D, & E please tell me if the effect

1. Sam consumes only green eggs and ham. Ham is an inferior good for Sam. One day the price of green eggs goes up. Less green eggs will be consumed; A. Give the income effect on consumption of green eggs. income effect is B. Give the substitution effect on consumption of green eggs. Jam will increase ham consumption. effect on eggs is C. Overall, will consumption of green eggs definitely increase, definitely decrease, Five or is the overall change in consumption uncertain? D. Give the income effect on consumption of ham. consumption will increase; Income effect is E. Give the substitution effect on consumption of ham. Consumption will increase, Sub effect F. Overall, will consumption of ham definitely increase, definitely decrease, or is the is overall change in consumption uncertain

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