When the price of fuel approached $4/gallon before and during the recession, and college students could buy fewer pizzas because they had to spend more on gas, this is a good example of
A. the highly elastic demand for gasoline. .
B. the substitution effect.
C. the income effect
D. all of the other answers

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?