A Decrease in the Demand for Peanut Butter, a Normal

question 70

Multiple Choice

A decrease in the demand for peanut butter, a normal good, can be caused by a/an:

• A) decrease in consumer income.
• B) increase in the price of jams and preserves.
• C) decrease in the price of bread.
• D) drought in Queensland that destroyed 30 per cent of the peanut crop.

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Definitions:

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