Economy, asked by areenbhutto, 10 months ago

Beef supplies are sharply reduced because of drought in the beef raising states, and consumers turn to chicken as a substitute for beef how would you illustrate this change in beef market in supply and demand terms?

Answers

Answered by abhinav2061131
0

Answer:

The demand for the supply of beef can be illustrated as declining. Meanwhile, the demand for chicken would drastically increase. As stated, the supply of beef would reduce.

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