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About Birds Due To Rising Costs of Other Meats."
The document is a suggested answer to an economics exam question about the chicken market. The summary is: 1) The chicken market in the US will see rising prices and quantities as demand increases from fast food restaurants switching to chicken due to high beef and pork prices. 2) In China, prices and quantities will fall as rising feed costs decrease supply while an avian flu outbreak reduces demand. 3) Different types of restaurants in China may respond by shutting down, changing menus, or advertising other products depending on their reliance on chicken.
Detailed Information
| Author: | ['Joann Kwek'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 24 |
| Language: | English |
| Format: | |
| Price: | FREE |
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