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The price of peanut butter rises due to a blight on the peanut crop; peanut butter and jelly are complements. what happens to the equilibrium quantity and price of jelly?

The price of peanut butter rises due to a blight on the peanut crop; peanut butter and jelly are complements. what happens to the equilibrium quantity and price of jelly?
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The price of peanut butter rises due to a blight on the peanut crop; peanut butter and jelly are complements. what happens to the equilibrium quantity and price of jelly?

User Priyank Gandhi
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1 Answer

2 votes
Both the equilibrium price and the equilibrium quantity fall
User Ameer Tamboli
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