In 2014, the Price of Peanuts Was Rising, Which Led

question 434

Multiple Choice

In 2014, the price of peanuts was rising, which led peanut butter sellers to expect the price of peanut butter would rise in the future. Consequently, in the current market for peanut butter there was ________ which resulted in ________ in the price of peanut butter and ________ in the quantity of peanut butter.

• A) an increase in demand for peanut butter; an increase; an increase
• B) an increase in supply of peanut butter; a decrease; an increase
• C) a decrease in demand for peanut butter; a decrease; a decrease
• D) a decrease in supply of peanut butter; an increase; a decrease

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Definitions:

Frostbite

A condition that occurs when skin and other tissues freeze due to exposure to cold temperatures, potentially leading to permanent damage.

R-134a

A type of refrigerant commonly used in vehicle air conditioning systems, known for its low environmental impact compared to earlier refrigerants.

R-1234yf

A refrigerant used in automotive air conditioning systems that has a lower global warming potential compared to its predecessors.

Timing Belt

A belt that synchronizes the rotation of the engine's crankshaft and camshaft(s) to ensure correct timing for valve opening and closing.