Peanut butter and jelly are complements for consumers. In 2015, the price of peanut butter increased. As a result, the ________ which lead to ________ in the price of jelly and ________ in the quantity of jelly.
A) demand for jelly; a decrease; a decrease
B) supply of jelly; a decrease; an increase
C) supply of jelly; an increase; a decrease
D) demand for jelly; an increase; an increase
Question 2
The above table gives data for the nation of Sueland. What is the government sector balance?
A) 1,772 billion
B) 32 billion
C) -43 billion
D) -32 billion
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Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.