Consider each of the following scenarios and determine whether it is an example of the income effect, the substitution effect, or diminishing marginal utility.
a. sasha likes to treat herself to a small latte each afternoon. on wednesdays, when the coffee shop decreases the price of lattes, sasha buys a large latte instead.
b. the price of chicken nuggets rises from $3 to $3.50 for a box of six. the price of hamburgers stays the same. mateo used to eat chicken nuggets three times a week. all else equal, he now eats them twice a week.
c. jack offers victoria a plate of a dozen chicken wings. victoria enjoys the first wing the best, the second wing a little bit less, and by the seventh wing, she has had enough and chooses not to eat the remaining five wings.

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.