Recall the Application about the demand and price for margarine to answer the following question(s).
-Recall the Application. Between 2000 and 2009, total U.S. consumption of margarine ________ and the price, in real terms, ________.

Question

Quizplus · Accepted Answer

The application states that between 2000 and 2009, the total U.S. consumption of margarine decreased by roughly half, which eliminates choices A and D. The application also states that the price, in real terms, stayed roughly the same, which eliminates choice B. Therefore, the correct answer is C, which states that the consumption decreased by roughly half and the price stayed roughly the same.

Recall the Application About the Demand and Price for Margarine