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Give a brief overview of the company that makes the product. Sunrise Farms is a poultry farm in California. What does the company make? Commercial
Give a brief overview of the company that makes the product. Sunrise Farms is a poultry farm in California. What does the company make? Commercial egg producing farm. What value does this product provide to consumers? Why do they buy it? Chicken eggs are a staple for a family's diet. Chicken eggs provide food for breakfast and many other recipes. Eggs are readily available to purchase at grocery stores making purchasing eggs convenient. Explain how the product can illustrate the law of supply and demand. The example that comes into my mind is when egg prices drastically rose. Based on a report from the CDC, there are 82 million chickens currently affected with the H5N1 virus (CDC, 2024). Because the virus affects a chicken's ability to produce eggs, the virus reduced the egg supply while demand remained consistent resulting in the prices increasing across the United States (Smith, Phanuef 2024) Which of the following six external forces in the readings do you think most affects the balance of supply and demand? The global environment most affects the balance of supply and demand. With the ability to free trade among international nations, cheaper labor across international waters allows supply to be
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