JESTION 27. is a normal good. You observe that both the equilibrium price and quantity of beef have fallen over time. Which of the wing explanations would be most consistent with this observation? New medical evidence has been released that indicates a negative correlation between a person's beef consumption and life expectancy. Consumers have experienced an increase in income, and beef-production technology has improved. The price of chicken has risen, and the price of steak sauce has fallen. The demand curve for beef must be positively sloped.

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