microeconomics Mad Cow Disease
Which of the risk factors of cardiovascular disease (CVD) do you have? What changes can you make to lower your risk?
August 7, 2017Review of basic concepts of probability
August 7, 2017microeconomics Mad Cow Disease
Economics
In prior years, Mad Cow Disease has taken its toll on the beef industry. Review the following article regarding Mad Cow
Disease, and answer the questions that follow.
Operators say beef sales still meaty despite mad cow scare. (2004, January 12).
Nation’s Restaurant News, 38(2), 1,6. Retrieved March 26, 2008, from EBSCO
MegaFILE database. (11947873)
http://search.ebscohost.com.ezproxy.rasmussen.edu/login.aspx?
direct=true&db=keh&AN=11947873&site=ehost-live
•What was the impact of mad cow disease on the supply and demand for beef?
•What happened to the price of beef as a result?
•What was the impact of mad cow disease on the supply and demand for substitute items?
•What do you think happened to the price of substitute items as a result?
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