Multiple Choice
Which of these can possibly 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
Correct Answer:
Verified
Correct Answer:
Verified
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