Respuesta :
The movement of the demand curve as hot dog prices decline. a shift in consumer preferences that increases their appetite for hot dogs.
What is consumer preferences?
- Consumer preference refers to decisions made by consumers to increase their level of satisfaction. Although consumers can choose some of the products they purchase, they are not always able to get exactly what they want.
- The theory of consumer preference has been around for many years. It has been used to explain consumer behavior. The application of consumer preference can be done in a variety of ways, including marketing, advertising, product design, etc.
- According to the theory, consumers are affected by their own preferences, other people's preferences, and the environment in which they make decisions. In addition to social norms and cultural values, which can be viewed as social pressure to adhere to particular behaviors or beliefs, consumers are also influenced by these factors.
To learn more about beliefs refer to:
https://brainly.com/question/1233007
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