Question: please help understand, i don't understand b) Imagine now that the cost of beef (a major ingredients of hot dogs) decreases. What will happen to

please help understand, i don't understand

please help understand, i don't understand b) Imagine now that the cost

b) Imagine now that the cost of beef (a major ingredients of hot dogs) decreases. What will happen to the market for hot dogs? How about the market for pizzas, a substitute to hot dogs? Explain carefully. For full mark, you need to explain what will happen to the demand, supply, price, etc. Don't simply say "it'll increase" without a justification

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