Although large parts of beef cattle become meat products, other parts become leather jackets. As the demand for beef rises, what happens in the market for leather jackets?
A) Supply decreases and price increases.
B) Demand and price increase.
C) Supply increases and price decreases.
D) Demand and price decrease.

Question

Quizplus · Accepted Answer

As the demand for beef rises, more cattle are slaughtered, increasing the supply of hides, which are used to make leather jackets. This increased supply can lead to a decrease in the price of leather jackets.

Although Large Parts of Beef Cattle Become Meat Products, Other