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What is the awnser ? CENGAGE |MINDTAP Homework (Ch 04) The market price of hamburgers in a college town decreased recently, and the students in

What is the awnser ?

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CENGAGE |MINDTAP Homework (Ch 04) The market price of hamburgers in a college town decreased recently, and the students in an economics class are debating the cause of the price decrease. Some students suggest that the price decreased because the price of beef, an important ingredient for making hamburgers, has decreased. Other students attribute the decrease in the price of hamburgers to a recent increase in the price of french fries. Everyone agrees that the increase in the price of french fries was caused by a recent increase in the price of potatoes, which are not generally used in making hamburgers. The first group of students thinks the decrease in the price of hamburgers is due to the fact that the price of beef, an important ingredient for making hamburgers, has decreased. On the following graph, adjust the supply and demand curves to illustrate the first group's explanation for the decrease in the price of hamburgers. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. O Supply Demand Supply PRICE (Dollars per hamburger) Demand

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