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What is likely to happen to demand for pork if a major mad cow disease outbreak forces US farmers to slaughter a significant population of
What is likely to happen to demand for pork if a major mad cow disease outbreak forces US farmers to slaughter a significant population of cows resulting in severe beef shortage, given that in the eyes of the consumers both of those goods could easily replace one another?
Please answer with the change in demand, perspective of the consumer or producer, and determinant of demand.
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