Which of the following might lead to an increase in the equilibrium price of hot dogs and a decrease in the equilibrium quantity of hot dogs sold? An increase in the price of hamburgers, a substitute for hotdogs
An Increase in consumers' income, as long as hot dogs is a normal good.
An increase in the price of meat, an input to hot dogs
An increase in the price of buns, a complement to hot dogs
Answers
Explanation:
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