Suppose a group of friends go to lunch for burgers, but discover that the price of a burger skyrocketed to $25 per burger. What will happen to their demand for burgers?

A. There is no substitute for a burger, so the friends will be willing to pay any price, regardless of the high price of a burger

B. The new high price will not affect the demand for burgers within the group

C. The large price increase will reduce the number of friends willing to pay that high of a price and will cause the demand to decrease.

D. The high price must be due to a supply decrease, so the group should wait until things return to normal