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?
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From my point of view the answer is quite simple,since Andrea has decided to sell his product,two burger for the same price as one hot dogs,definitely there will be decrease in his hot dogs demand because people like to patronise the cheap product. The only people that will remain as jeff's costumer's will be people that prefer hot dogs than burger
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