Multiple Choice
If the price of peanut butter decreases substantially (ceteris paribus) , the equilibrium quantity of jelly, a complement, is likely to:
A) increase, and the equilibrium price of jelly is likely to decrease.
B) increase, and the equilibrium price of jelly is likely to increase.
C) decrease, and the equilibrium price of jelly is likely to decrease.
D) decrease, and the equilibrium price is of jelly likely to increase.
Correct Answer:

Verified
Correct Answer:
Verified
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