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nirvana33 [79]
3 years ago
13

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 effect on Jeff’s hot dog cart? demand for his hot dogs will increase supply of for his hot dogs will decrease supply of his hot dogs will increase demand for his hotdogs will decrease NextReset
Business
1 answer:
Wittaler [7]3 years ago
5 0
The demand for his hot dogs will decrease. This is because Andrea is selling things at a better price than Jeff, and Mark and his friends would probably like to try something different than hot dogs.
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Additional funds needed is “extra money needed,” and it refers to other resources that will be needed for the company to expand its operations.

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