Using the link provided below and the information in the video answer the following questions regarding a menu item. https://youtu.be/ZUdqlbQfWyg · What would cause a change in the quantity demanded? What would cause a change in the demand for the product? · Discuss the product in the context of “inferior” good and “normal” good. · Discuss the product in the context of “complementary” good and “substitute” good. · Discuss the product in the context of the price elasticity of demand. · Discuss the product in the context of market equilibrium. · Discuss the product of all competitors in the context of a change in supply. · Reflection – As a businessperson in the not too distant future, which concepts are particularly important to you? Explain.
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