In 2014, the price of peanuts was rising, which lead peanut ...

[clippers!]

In 2014, the price of peanuts was rising, which lead peanut butter sellers and peanut butter buyers to expect the price of peanut butter would rise in the future. Suppose the effect on the buyers was larger than the effect on the sellers.
 
  Consequently, in the current market for peanut butter there is a ________ in the price of peanut butter and ________ in the quantity of peanut butter. A) rise; an increase
  B) rise; a decrease
  C) fall; a decrease
  D) fall; an increase

Question 2

The demand for labor increases (that is, the demand for labor curve shifts rightward) if the
 
  A) wage rate increases.
  B) wage rate decreases.
  C) price of the firm's output rises.
  D) price of the firm's output falls.

[Jossy]

Answer to Question 1

A

Answer to Question 2

C

[clippers!]

YES! Correct, THANKS for helping me on my review

[steff9894]

Thanks for the timely response, appreciate it