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Consider the market for beef. assuming that consumers either eat beef or other meats, draw the shift that would occur in the beef market if the price of chicken goes down. what will be the effect on the
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Consider the market for beef. assuming that consumers either eat beef or other meats, draw the shift that would occur in the beef market if the price of chicken goes down. what will be the effect on the equilibrium price? what will be the effect on the quantity of beef that is bought and sold?

User Renra
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there will be a decrease in the quantity of beef that is bought
User Supun Induwara
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