The Figure Below Shows a Consumer Maximizing Utility at Two

Multiple Choice

The figure below shows a consumer maximizing utility at two different prices (the left panel) and the consumer's demand for good X at the same two prices of good X (the right panel) .The price of good Y is $14.When the price of X increases from point M to point N along the demand curve,it is clear that good X ___________ (is,is not) a Giffen good because _______________.

A) is; the total effect of the price increase is negative.
B) is; the income effect reinforces the substitution effect.
C) is; the income effect is larger than the substitution effect.
D) is not; the substitution effect reinforces the income effect.
E) is not; good X is an inferior good.