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Author Question: A decrease in the demand for peanut butter could be caused by a(n) a. increase in the supply of ... (Read 86 times)

CORALGRILL2014

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  • Posts: 525
on: Jul 1, 2018
A decrease in the demand for peanut butter could be caused by a(n)
 a. increase in the supply of peanut butter
  b. increase in the price of peanut butter
  c. doubling of the price of bread
  d. drought in Georgia that destroyed 30 percent of the peanut crop
  e. increase in consumer income

Question 2

If good B is a complement to good A, then a rise in the price of B
 a. increases the quantity demanded of A
  b. decreases the demand for A
  c. increases the demand for A
  d. decreases the quantity demanded of A
  e. will cause the demand for B to increase


joshbk44

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


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