In 2011,the price of peanuts was rising,which lead peanut butter buyers to expect the price of peanut butter would rise in the future.Consequently,in the current market for peanut butter there was ________ which resulted in ________ in the price of peanut butter and ________ in the quantity of peanut butter.

Question

Quizplus · Accepted Answer

The price of peanuts was rising, which led peanut butter buyers to expect the price of peanut butter would rise in the future. Consequently, there was an increase in demand for peanut butter, which resulted in an increase in the price of peanut butter and an increase in the quantity of peanut butter.

In 2011,the Price of Peanuts Was Rising,which Lead Peanut Butter