Assume that beef and pork are substitutes for consumers. There is a drought in the cattle grazing areas. The drought will shift the

Name: Assume that beef and pork are substitutes for consumers. There is a drought in the cattle grazing areas. The drought will shift the
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The drought will reduce the supply of beef, leading to higher beef prices. As beef and pork are substitutes, consumers will demand more pork as an alternative, shifting the demand curve for pork rightward.

Assume That Beef and Pork Are Substitutes for Consumers