The Graph Illustrates the Demand for Peanuts

question 7

Multiple Choice

The graph illustrates the demand for peanuts. Peanuts are a normal good because the

• A)peanuts have both substitutes and complements.
• B)demand curve shows that if the price of peanuts rises, there is a movement along the demand curve to a lower quantity demanded.
• C)demand curve for peanuts slopes downward.
• D)demand for peanuts increases when the price of one of its substitutes rises.
• E)demand for peanuts increases when income increases.

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Definitions:

Lineage

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