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

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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