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Which of the following would increase the demand for beef? a. lower pork prices (assuming pork is a substitute for beef). b. an increase in
Which of the following would increase the demand for beef? a. lower pork prices (assuming pork is a substitute for beef). b. an increase in the price of beef. c. higher consumer income (assuming beef is a normal good). d. higher prices of feed grains used to feed beef cattle.
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