A Change in the Quantity Demanded of Peanuts, a Factor

question 55

Multiple Choice

A change in the quantity demanded of peanuts, a factor of production used to produce chocolate-covered peanuts, will occur if:

• A) the price of peanuts decreases.
• B) the price of chocolate-covered peanuts increases.
• C) the demand for chocolate-covered peanuts decreases.
• D) a new, improved chocolate-covered-peanut-making machine is purchased by candy companies.

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Definitions:

Child Care Programs

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Harlem's Children Zone

A non-profit organization in New York City aimed at increasing high school and college graduation rates among children in Harlem through comprehensive, community-based programs.

Geoffrey Canada

An American educator, social activist, and author known for his work in improving the education system and life outcomes for children in Harlem, New York.

Head Start Programs

Federally funded community-based programs in the United States designed to promote school readiness for children under five from low-income families.