Ask Question
26 December, 06:56

Suppose that the price of beef rises significantly. what happens in the market for fast-food hamburgers?

+1
Answers (1)
  1. 26 December, 07:48
    0
    If the price of beef arises significantly, the fast-food hamburgers quantity supply will increase. The reason is Demand Increase: as the price increases, the quantity supply increases. After demand and supply changed, the consumer and seller will negotiate deals after it is adjusted.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that the price of beef rises significantly. what happens in the market for fast-food hamburgers? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers