The following graph shows the market for hot dogs in Denver, where there are over 1,000...
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The following graph shows the market for hot dogs in Denver, where there are over 1,000 hot dog stands at any given moment. Suppose the number of hot dog stands decreases significantly. Show the effect of this change on the market for hot dogs by shifting one or both of the curves on the following graph, holding all else constant. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move curve and : snaps back to its original position, just drag it a little farther. PRICE (Dollars per hot dog) Supply Demand 中翼中富 Demand Supply (?) The following graph shows the market for hot dogs in Denver, where there are over 1,000 hot dog stands at any given moment. Suppose the number of hot dog stands decreases significantly. Show the effect of this change on the market for hot dogs by shifting one or both of the curves on the following graph, holding all else constant. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move curve and : snaps back to its original position, just drag it a little farther. PRICE (Dollars per hot dog) Supply Demand 中翼中富 Demand Supply (?)
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