If the price of hot dogs increases, the demand for hot dog buns will

Name: If the price of hot dogs increases, the demand for hot dog buns will
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Hot dogs and hot dog buns are complementary goods, as they are often consumed together. Therefore, an increase in the price of hot dogs will lead to a decrease in the demand for hot dog buns, as consumers will be less likely to purchase hot dog buns at a higher price if they are already paying more for the hot dogs themselves.

If the Price of Hot Dogs Increases, the Demand for Hot