In 1996,"mad cow" disease caused the European Union to ban imported British beef and the British government to ban the sale of older cattle.The effect on the market for British beef was for

Question

Quizplus · Accepted Answer

The ban on older cattle and the fear of mad cow disease caused a decrease in demand for British beef, as consumers were hesitant to purchase it. Additionally, supply decreased due to the ban on exports to the EU, further increasing the decrease in demand. Therefore, the market for British beef experienced a decrease in both demand and supply.

In 1996,"mad Cow" Disease Caused the European Union to Ban