8. The substitution effect is the movement from Point _________ to Point _________.

10. The income effect is the movement from Point _______ to Point __________.

7. If the substitution and income effects went in the opposite direction in the graph, then good X would be a/an _____________ (Normal/Inferior) Good. 

2. MRS at Point B = _____________.

9. The quantity of good X that is the substitution effect is _________. 

1. MRS at Point A = ____________.

3. The Relative Price Ratio at Point C = ____________.

6: With the change in the price of good X, the consumer can now _________ (Increase/Decrease) the quantity of good Y they can purchase.

4. This graph illustrates an _______________ (Increase/Decrease) in the price of good X.

5. This graph shows good X is a/an _____________ (Normal/Inferior) Good.