A decrease in the price of peanut butter will increase both the equilibrium price and quantity in the market for jelly.

Name: A decrease in the price of peanut butter will increase both the equilibrium price and quantity in the market for jelly.
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Question

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The demand for jelly, a complement to peanut butter, will increase as peanut butter becomes more affordable, leading to a higher equilibrium price and quantity for jelly in the market.

A Decrease in the Price of Peanut Butter Will Increase