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Define the price of peanut butter increases

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For each of the following explain why the demand curve shifts and if the demand increases or decreases.

Consumers expect the price of OLED TVs to decrease in future.

What happens to the demand for grape jelly if the price of peanut butter increases?

What happened to the demand for automobiles if the recession is over and income increases?

What happened to the demand for Coca-Cola if the price of Pepsi-Cola increases?

Reference no: EM131675908

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