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Pork Supply Function: PorkQ. = -110 + 20Pork Price, - 500Corn Pricet Pork Demand Function: Pork P. = 80 -.05PorkQ, + 0.3Beef Price, + 1.5Chicken

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Pork Supply Function: PorkQ. = -110 + 20Pork Price, - 500Corn Pricet Pork Demand Function: Pork P. = 80 -.05PorkQ, + 0.3Beef Price, + 1.5Chicken Price, + 0.025Income Table 1. Variable Average Values Variable Average Value Price of Corn ($/bushel) $2.60 Price of Beef ($/cwt) $230 Price of Chicken ($/cwt) $80 Disposable Income (billion dollars) $2,950

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