An Increase in the Demand for Peanut Butter, a Normal

question 256

Multiple Choice

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.

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Definitions:

Role-centered

An approach or perspective that focuses on the importance of defined roles and responsibilities within an organization or system for effective functioning and achievement of goals.

Implemented

Executed or carried out a plan, decision, or method, making it active or effective.

Inoculate

in a non-medical context, means to protect or prepare someone in advance against adverse conditions or criticism.

Resilient

The ability to quickly recover from difficulties; toughness and adaptability in the face of adversity.