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2. Assume there have been some changes in the market for hamburgers in the US. For each factor, state how the market for hamburgers will
2. Assume there have been some changes in the market for hamburgers in the US. For each factor, state how the market for hamburgers will change. State whether the demand (D) or supply (S) curve will increase or decrease, and in what direction (left or right). Briefly state why demand or supply will increase or decrease. Also, state what will happen to the equilibrium price and quantity (will they increase, decrease, or stay the same)? a. Assume a new health study shows that eating hamburgers and
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