Respuesta :
The prices of beef will fall down when consumers purchase other things like fish, pork, etc.
How to illustrate the information?
It should be noted that there is a common term in Economics that implies that the price of a particular good will increase when there's more demand for the product. On the other hand, there'll be a reduction in the price when the quantity that's demanded by the consumers increase.
In this case, due to the fact the beef is almost sought after in every household, there'll always be an increase in the price of the good. Therefore, in such a situation, it's important for consumers to consume other products that can serve the same purpose. It should be noted that the examples of such products are fishes, pork, etc.
This will help in reducing the price. Also, an increase in the number of cows can also help to reduce the price. When there's more supply, there'll be a reduction in the price.
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