Asked by London
What is the effect on the price of hotdogs and the quantity of hotdogs sold if:
a.) The price of a hamburger rises?
b.) The price of a hotdog bun rises?
c.) The supply of hotdog sausages increases?
d.) Consumers' incomes increase if hotdogs are a normal good?
e.) The wage rate of a hotdog seller increases?
f.) If the wage rate of the hotdog seller rises and at the same time prices of ketchup, mustard, and relish fail?
a.) The price of a hamburger rises?
b.) The price of a hotdog bun rises?
c.) The supply of hotdog sausages increases?
d.) Consumers' incomes increase if hotdogs are a normal good?
e.) The wage rate of a hotdog seller increases?
f.) If the wage rate of the hotdog seller rises and at the same time prices of ketchup, mustard, and relish fail?
Answers
Answered by
Gloria
The price
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