Peanut butter and jelly are complements for consumers. In 2015, the price of peanut butter increased. As a result, the ________ which lead to ________ in the price of jelly and ________ in the quantity of jelly

The opportunity cost of economic growth is ________ and the benefit of economic growth is ________

A) increased current consumption; increased future consumption B) increased current consumption; decreased future consumption C) decreased current consumption; increased future consumption D) decreased current consumption; decreased future consumption E) nothing; increased future consumption

A "stair-like" market supply curve is the result of

A) higher cost firms charging a higher price for their products. B) firms having different costs. C) firms shutting down in the long run. D) average variable costs that are higher than average fixed costs.