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projected changes in broiler price, cattle price, and income. Notice, all the work necessary can be done on the table provided below, i.e., % Change

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projected changes in broiler price, cattle price, and income. Notice, all the work necessary can be done on the table provided below, i.e., % Change multiplied by the Elasticity yields the % Shift in Hog Demand. Be sure to express numbers in the % Change column as changes, i.e., small positive or negative percentages, and not numbers close to 100. OCT22 10/22 10/22 10/21 Elast- % Shift Contract Forecast Forecast Actual Change icity in Hog Deflated Demand Broiler Price Cattle Price Income Total Demand Curve Shift DEC22 12/22 12/22 12/21 % Elast- % Shift Contract Forecast Forecast Actual Change icity in Hog Deflated Demand Broiler Price Cattle Price Income Total Demand Curve Shift FEB23 2/23 2/23 2/22 Elast- Shift Contract Forecast Forecast Actual Change icity in Hog Deflated Demand Broiler Price Cattle Price Income Total Demand Curve Shift

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