Peanut butter and jelly are complements for consumers. In 2015, the price of peanut butter increased. As a result, the ________ increased, which led to ________ in the price of jelly and ________ in the quantity of jelly
A) demand for jelly; a decrease; a decrease
B) supply of jelly; a decrease; an increase
C) supply of jelly; an increase; a decrease
D) demand for jelly; an increase; an increase
A
Economics
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Why is the money demand curve down sloping?
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Refer to the table below. Julia's opportunity cost of making a cake is: Time to Make a PieTime to Make a CakeMartha60 minutes80 minutesJulia50 minutes60 minutes
A. 60 cakes B. 6 cakes C. 5/6 of a cake D. 6/5 of a cake
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