Social Studies, 14.04.2021 21:30 cupcake3103670
PLEASE HELP! I will mark you the brainlist
1.) The price of Jelly increases 100%, how would this affect the demand for peanut butter, a related good?
2.) A new advertising campaign for peanut butter highlighting the positive health effects is released how much would this affect the demand for peanut butter?
3.) The price of peanut butter today suddenly increases 150% how would this affect the demand CURVE for peanut butter?
4.) The price of peanut butter is expected to increase next month, how would this affect the demand for peanut butter today?
5.) The population of your area has recently increased and you have noticed that the local grocery stores is much more crowded. What happens to demand for all goods & services?
They are all multiple choice questions. It’s either increase demand, decrease demand, or no change.
Answers: 1
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PLEASE HELP! I will mark you the brainlist
1.) The price of Jelly increases 100%, how would this af...
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