(Figure: Beef Jerky and Scallops I) Answer the following questions. 
a. What are the income effect and substitution effect of the price change?
b. Are scallops a normal good or an inferior good?
c. Is beef jerky a normal good or an inferior good?
Definitions:
Equilibrium Price
The price at which the quantity of a good or service supplied equals the quantity demanded in a market, leading to market stability.
Bluetooth Headsets
Wireless earpieces that use Bluetooth technology to connect to various devices, enabling hands-free calling or listening to music.
Complements
refers to goods or services that are used together, where an increase in the price of one leads to a decrease in the demand for the other.
Substitutes
Goods or services that can be used in place of each other, where an increase in the price of one leads to an increase in the demand for the other.
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