If the price of hamburger increases, it would probably result in ________ in the demand for hamburger buns.

Question

Quizplus · Accepted Answer

If the price of hamburger increases, it is likely that the demand for hamburger buns will decrease. This is because consumers may decide to reduce their consumption of burgers due to the higher price, resulting in lower demand for the buns that are used to make the burgers. Additionally, some consumers may switch to lower-priced alternatives, such as sandwiches or wraps, further reducing the demand for hamburger buns.

If the Price of Hamburger Increases, It Would Probably Result