The table presents the substitution effect and the income effect for a Giffen good and an inferior good when the price of the good changes. Which combination is correct?
- Atype of good: Giffen; price change: fall; demand change from substitution effect: positive; demand change from income effect: negative
- Btype of good: Giffen; price change: rise; demand change from substitution effect: positive; demand change from income effect: positive
- Ctype of good: inferior; price change: fall; demand change from substitution effect: negative; demand change from income effect: negative
- Dtype of good: inferior; price change: rise; demand change from substitution effect: negative; demand change from income effect: negative