Poultry and Egg Markets Flashcards
1
Q
Demand
A
The quantity of a product that customers desire
2
Q
Embargo
A
A government sanction that limits trade to certain countries
3
Q
Inflation
A
Sustained increase in price levels of a country
4
Q
Supply
A
The amount of product available
5
Q
Tariff
A
Taxes on goods from another country
6
Q
Trade
A
The buying or selling of a good or service
7
Q
What is an example of unforeseen circumstances that effected egg availability and price?
A
The war in Ukraine and the 2022 outbreak of Avian Influenza
