Exhibit 13-4 -Refer to Exhibit 13-4. Over the Segment BC of the BC

Multiple Choice

Exhibit 13-4
-Refer to Exhibit 13-4. Over the segment BC of the curve,

A) the substitution effect is stronger than the income effect.
B) the income and substitution effects are evenly matched.
C) the income effect is stronger than the substitution effect.
D) income is so high that work is unnecessary.
E) irrational behavior has set in.