Understanding That American Consumers Do Not Have an Appetite for Chicken

question 144

Multiple Choice

Understanding that American consumers do not have an appetite for chicken feet,this normally 'wasted' product in North America is sold by American chicken producers very cheaply to South East Asian consumers,often below the local cost.This is a form of:

• A)competition
• B)monopolistic practice
• C)globalization
• D)dumping

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Definitions:

Desirability

The quality of being appealing, attractive, or sought-after, often in the context of products, traits, or attributes.

Availability

The extent to which a product, service, or resource is accessible and usable upon demand.

Tertiary Sector

represents the part of the economy concerned with services, as opposed to the extraction of raw materials or manufacturing.

Economy

The organized system of human activity involved in the production, consumption, and distribution of goods and services within a certain area or country.