This topic contains a solution. Click here to go to the answer

Author Question: An increase in the demand for peanut butter, a normal good, can be caused by a(n): a. decrease in ... (Read 112 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
An increase in the demand for peanut butter, a normal good, can be caused by a(n):
 a. decrease in consumer income.
  b. increase in the price of jams, jellies, and preserves.
  c. decrease in the price of bread.
  d. drought in Georgia that destroyed 30 percent of the peanut crop.
  e. decrease in the price of bologna.

Question 2

Which of the following will cause the demand curve for a good to shift to the right?
 a. Decrease in income for a normal good.
  b. Increase in the price of a complementary good.
  c. Decrease in the price of the good.
  d. Increase in the price of a substitute good.
  e. Expectation of a future price decline.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ApricotDream

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

a

Answer to Question 2

d




wenmo

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

For a complete list of videos, visit our video library