Which of the following might lead to an increase in the equilibrium price of hot dogs and a decrease in theequilibrium quantity of hot dogs sold?O An increase in the price of buns, a complement to hot dogsO An increase in consumers' income, as long as hot dogs is a normal good.O An increase in the price of hamburgers, a substitute for hotdogsAn increase in the price of meat, an input to hot dogsMacBook AescF1F2F3F4F624tabRs lockFG6.D

At Equilibrium Price, Quantity Demanded is equal to Quantity Supplied. Option 1 is wrong. With the…

Which of the following might lead to an increase in the equilibrium price of hot dogs and a decrease in the equilibrium quantity of hot dogs sold? An increase in the price of buns, a complement to hot dogs An increase in consumers' income, as long as hot dogs is a normal good. An increase in the price of hamburgers, a substitute for hotdogs An increase in the price of meat, an input to hot dogs