Americans consume more chicken than any other meat, in part because it’s relatively cheap………

“Globalization’s Discontents” by Joseph Stigler
August 7, 2017
Tech Bio
August 7, 2017
Show all

Americans consume more chicken than any other meat, in part because it’s relatively cheap………

Americans consume more chicken than any other meat, in part because it’s relatively cheap. Why is it so cheap? Modern technology has made processing the birds relatively easy, although some consider it inhumane. Suppose Ralph has a chicken processing plant with the total cost function shown below.


Leave a Reply

Your email address will not be published. Required fields are marked *