As a result of consumers' increased awareness of the health risks associated with heavy consumption of red meat, the meat of the ostrich has become increasingly popular as a low-fat, low-cholesterol alternative to beef. Accordingly, the number of ostrich farms in the United States has nearly quadrupled since 1980, flooding markets with ostrich products. However, the price-per-pound of ostrich meat, adjusted for inflation, has not decreased at all over the past several years.
Which of the following, if true, would best explain the steady price-per-pound of ostrich meat?
a) The demand for ostrich products has outpaced the supply.
b) Ostriches are especially difficult to breed in captivity.
c) Other types of meat, such as pork and poultry, have decreased in price over the past several years.
d) Purveyors of beef have not attempted to counter beef's poor public image.
e) The number of supermarkets that carry ostrich meat has increased steadily since 1980.
Which of the following, if true, would best explain the steady price-per-pound of ostrich meat?
a) The demand for ostrich products has outpaced the supply.
b) Ostriches are especially difficult to breed in captivity.
c) Other types of meat, such as pork and poultry, have decreased in price over the past several years.
d) Purveyors of beef have not attempted to counter beef's poor public image.
e) The number of supermarkets that carry ostrich meat has increased steadily since 1980.