John Owns a Number of Hot Dog Stands in New

question 458

Multiple Choice

John owns a number of hot dog stands in New York City. He hires workers to sell hot dogs at his stands. Which of the following events will lead to a decrease in John's demand for hot dog vendors?

• A)Hollywood glamorization of a new movie about a hot dog vendor leads hundreds of high-school students in New York City to apply for a job at John's.
• B)The price of hot dogs falls.
• C)The local hot dog vendors form a union increasing hot dog vendor wages.
• D)The demand curve for hot dogs shifts to the right.

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