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in this tutorial Im going to discuss the income and substitution effects with some numbers this video is part of a playlist on consumer theory and you can see a link to that playlist below in this video Im going to decrease the price of good-x and Ill show you the income and substitution effects for a normal good and also for a inferior good I will also increase the price of good-x and show you income and substitution effects for a normal and inferior good Im going to start with a normal good along the x-axis Im going to have quantity of good X along the y axis quantity of good Y and Ill draw in a budget line and an indifference curve the consumer will consume at Point a and consume 4 units of good-x now Im going to have a price decrease of good-x so the quantity of codex is going to go up the budget line rotates outwards so the consumer can actually buy more of good-x like that Im going to draw in a second indifference curve so the consumer will move to point B and consume 17