Multiple Choice
A change in the quantity demanded of chocolate, a factor of production used to produce chocolate-covered peanuts, will occur if:
A) the price of chocolate increases.
B) the price of chocolate-covered peanuts increases.
C) the demand for chocolate-covered peanuts decreases.
D) a new, improved chocolate-covered-peanut-making machine is purchased by candy companies.
Correct Answer:
Verified
Correct Answer:
Verified
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