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Explain the kind of economic goods that are hot dogs and hot dog buns are with respect to each other, and then explain what is likely to happen to the demand for hot dogs when the price for hot dog buns
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Explain the kind of economic goods that are hot dogs and hot dog buns are with respect to each other, and then explain what is likely to happen to the demand for hot dogs when the price for hot dog buns decreases.

User Daniel Butler
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5 votes

Answer:

Compliments

The demand for hot dogs would increase

Step-by-step explanation:

Compliment goods are goods that are demanded together. Hot dog and hot dog bins are consumed together so they are demanded together. If the demand for hot dog increases, the demand for hot dog buns also increases.

If the price of hot dog buns falls, the demand for hot dog increases.

I hope my answer helps you

User Boluwatife Fakorede
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