Which of the Following Can Account for a Decrease in the Demand

question 47

Multiple Choice

Which of the following can account for a decrease in the demand for peanut butter, a normal good?

• A) an increase in the supply of peanut butter
• B) an increase in the price of peanut butter
• C) a substantial increase in the price of bread
• D) a drought in Georgia that destroyed 30 percent of the peanut crop
• E) an increase in consumer income

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Definitions:

Inappropriate Advances

Unwanted and often offensive gestures or remarks, typically of a sexual nature.

Organizational Power

The degree of influence or control one has within an organization, often related to one's position or role.

Reward Power

Power arising from the ability to grant favors, money, or other rewards.

Group Members

Individuals who constitute a team or collective, each contributing with their unique skills and perspectives towards common goals.