60.0k views
5 votes
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 the effect on Jeff’s hot dog cart?

1 Answer

7 votes

Answer:

For the answer to the question above asking if 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?

Step-by-step explanation:

the answer is, the demand for his hotdogs will decrease because he will have competitors.

User Dac Toan Ho
by
4.9k points