ct This is a postfirst discussion forum There is currenty th

ct This is a \'post-first discussion forum. There is currenty thread in this forum. Join the conversation by creating a thread! Create Thread rd ite RORUM DESCRIPTICN bus/Policies Watch the youtube below How will an increase in the price of hotdogs affect the market for hotdog buns? Be sure you discuss the difference between changes in quantity and changes in quantity demanded What type of goods would these be considered? Use terms from the chapters to discuss the affect DELL

Solution

Ans

Demand for hotdogs rise . Thus demand for hotdog buns will fall. This is change in quantity and not quantity demanded because this is not result of change in buns price but result of change in hotdog price. They are complements since fall in price of hotdog decreases demand for buns