Refer to the graph below. Assume that the initial equilibrium in the market for bus rides is point A (30 rides per week). The price of bus rides increases and the equilibrium shifts to point B (20 rides per week). The income effect of the change in consumer behavior is the $ of other consumption 45 35 30 25 30 A 15 10 B 5 10 15 20 25 20 35 40 45 # of bus rides 76 per week O decrease of consumption by 4 decrease of consumption by 6 increase of consumption by 6 decrease of consumption by 10Suppose the price of public transportation increased. You know that the absolute value of the income effect of this increase is 5. the absolute value of the substitution effect is 10, and public transportation is an inferior good. The total effect of the increase in the price of public transport will be O decrease of quantity demanded by 15 O decrease of quantity demanded by 5 increase of quantity demanded by 5 O increase of quantity demanded by 15Suppose your budget is spent entirely on two goods: hamburgers and hotdogs. If hamburgers are an inferior good, can hotdogs be inferior as well? Explain