Write a study on the definition of an economic questionnaire.

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Write a study on the definition of an economic questionnaire.Please view the video and submit an original (in your own words) synopsis/commentary of what you viewed. Submissions should be minimum 150 words.

Be sure to include at least one specific principle from this week’s chapter coverage as you see it illustrated in the video. (You don’t have to reference a principle from each chapter-just tie the video concepts back to something you recognize from the text/Powerpoint content for the week).

How will an increase in the price of hotdogs affect the market for hotdog buns? Be sure you discuss the difference between changes in quantity and changes in quantity demanded.

What type of goods would these be considered? Use terms from the chapters to discuss the effect.

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