Suppose ham is a normalLOADING... good. How will consumers adjust their buying decisions if the price of ham changes? If the price of ham increases, then consumers will demand A. less ham due to the income effect because the opportunity cost of consuming ham is higher and less ham due to the substitution effect because their purchasing power decreases. B. less ham due to the income effect because their purchasing power decreases and less ham due to the substitution effect because the opportunity cost of consuming ham is higher. C. more ham due to the income effect because the opportunity cost of consuming ham is lower and less ham due to the substitution effect because their purchasing power decreases. D. more ham due to the income effect because their purchasing power decreases and less ham due to the substitution effect because the opportunity cost of consuming ham is higher. E. more ham due to the income effect because their purchasing power increases and less ham due to the substitution effect because the opportunity cost of consuming ham is higher. Instead, suppose ham is an inferior good. If the price of ham increases, then consumers will demand ▼ less the same amount of more ham due to the income effect and ▼ less more the same amount of ham due to the substitution effect.