There are many food carts near Mark’s university. Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea opened a business selling two-for-one hamburgers near Jeff’s cart. What will be effect on Jeff’s hot dog cart? demand for his hot dogs will increase supply of for his hot dogs will decrease supply of his hot dogs will increase demand for his hotdogs will decrease NextReset

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16-08-2017
Business

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There are many food carts near Mark’s university. Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea opened a business selling two-for-one hamburgers near Jeff’s cart. What will be effect on Jeff’s hot dog cart? demand for his hot dogs will increase supply of for his hot dogs will decrease supply of his hot dogs will increase demand for his hotdogs will decrease NextReset

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Jefrafra Jefrafra · Answer 1 · 2017-08-16T15:07:05+02:00

Jefrafra Jefrafra

16-08-2017

The demand for his hot dogs will decrease. This is because Andrea is selling things at a better price than Jeff, and Mark and his friends would probably like to try something different than hot dogs.

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