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In the supply-and-demand diagram of the market for peanut butter, the equilibrium point has moved up and to the right. What could have caused this?

In the supply-and-demand diagram of the market for peanut butter, the equilibrium point has moved up and to the right. What could have caused this?

a.

a fall in the price of peanuts

b.

a rise in the price of peanuts

c.

a rise in income, assuming that peanut butter is an inferior good

d.

a shift in preferences toward peanut butter

e.

none of the above

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