How do you explain the fact that years ago, cheese was considered the poor person's food, selling

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How do you explain the fact that years ago, cheese was considered the poor person's food, selling for less than a quarter of the price of beef? Today, beef and cheese are priced approximately the same.

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:29 AM

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How do you explain the fact that years ago, cheese was considered the poor person's food, selling

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There are several acceptable explanations Suppose peoples tastes for meat change be...View the full answer

Principles of Economics

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