The diagram below depicts the change in optimal consumption bundles for Marty when the price of shotgun shells fall.Decompose the change into the income and substitution effects. 
Definitions:
Center
The point that is equally distant from every point on the circumference of a circle or sphere; by extension, a balanced or neutral position in discussions or analysis.
Price Level
The overall mean price of all current goods and services in the economic setting.
Curve
In economics, a graphical representation showing the relationship between two varying quantities, such as supply and demand.
Slope
A measure of the steepness, incline, or grade of a line, representing the rate of change between variables on a graph.
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