This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An increase in the demand for peanut butter, a normal good, can be caused by a(n): a. decrease in ... (Read 149 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


wenmo

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
:D TYSM

TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Normal mammogram. Normal mammogram.
The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ... The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ...
Normal Partial Pressures Normal Partial Pressures
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Find the equation of the normal line to f(x)=sinx+cosx at x = π. Find the equation of the normal line to f(x)=sinx+cosx at x = π.
Video: Language Areas Animation

For a complete list of videos, visit our video library