The price of peanut butter falls and as a result the demand for jelly increases.We can conclude that:
A) peanut butter and jelly are substitutes.
B) peanut butter and jelly are complements.
C) peanut butter and jelly are inferior goods.
D) the marginal value of jelly is greater than the marginal value of peanut butter.
E) peanut butter and jelly are normal goods.
Correct Answer:
Verified
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