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Use the following to answer questions : Use the following to answer questions :   -(Figure: Income and Substitution Effects) Use Figure Income and Substitution Effects.Carlos is originally consuming his optimal consumption bundle at point A when the price of gasoline falls.The movement from K<sub>1</sub> to K<sub>2</sub> reflects the _____ the decrease in the price of gasoline. A)  total change in quantity demanded due to B)  income effect of C)  substitution effect of D)  income and substitution effects of
-(Figure: Income and Substitution Effects) Use Figure Income and Substitution Effects.Carlos is originally consuming his optimal consumption bundle at point A when the price of gasoline falls.The movement from K1 to K2 reflects the _____ the decrease in the price of gasoline.


A) total change in quantity demanded due to
B) income effect of
C) substitution effect of
D) income and substitution effects of

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