Consider the Market for Peanut Butter

question 189

Multiple Choice

Consider the market for peanut butter.If there is an increase in the price of peanuts,

• A) there is an upward movement along the supply curve for peanut butter.
• B) the supply curve for peanuts shifts rightward.
• C) there is a decrease in the supply of peanuts.
• D) there is a decrease in the supply of peanut butter.
• E) there is a decrease in the demand for peanut butter.

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