ConAgra has introduced a lean mixture of cereal and ground beef that is indistinguishable from ground beef but has about the same amount of fat as chicken.As a result,the:
A) demand for chicken increases.
B) demand for ground beef decreases.
C) demand for chicken decreases.
D) demand for cereal decreases.
E) supply of chicken increases.

Question

Quizplus · Accepted Answer

The introduction of a lean mixture of cereal and ground beef that mimics ground beef but with lower fat content similar to chicken could lead to a decrease in demand for chicken. This is because consumers looking for healthier, lower-fat meat options might opt for this new mixture instead of chicken, assuming the taste and texture are comparable.

ConAgra Has Introduced a Lean Mixture of Cereal and Ground