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Loraine Loraine
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9 years ago
Peanut butter and jelly are complements for many consumers. Consider the market for peanut butter. If there is an increase in the price of jelly,
A) there is a movement along the supply curve of peanut butter.
B) the price of peanut butter rises.
C) the quantity of peanut butter increases.
D) there is a shift in the supply curve for jelly.
E) the demand curve for peanut butter does not shift; instead there is a movement along it.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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