A federal regulation that required that all beef consumed in the US must be grown and processed in the US is likely to: Drive up the price of beef in the US Increase beef consumption in the US Decrease consumption of chicken in the US (assuming chicken is a substitute for beef in the US) Increase international trade in beef products

Q: PRICE($) Demand QUANTITY Supply

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A: Answer to the question is as follows:

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A: * SOLUTION :-

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