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If the Price of Peanut Butter Increases, Which of the Following

Question 1

Multiple Choice

If the price of peanut butter increases, which of the following will occur?


A) The demand curve for peanut butter will shift to the left.
B) Consumers will experience an increase in their purchasing power.
C) There will be a movement up the demand curve for peanut butter.
D) The demand curve for peanut butter will shift to the right.

Correct Answer:

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