Mort'sOstrich Farm produces high-protein, low-fat ostrich meat forrestaurants and consumers. Mort's currently supplies a small numberof customers, but the firm believes it can increase the quantity itproduces and the price it charges with strategies to increase thedemand for ostrich meat.
Mort's hasapproached Economic Consultants for advice on how to increase thedemand. Prepare a report for Mort's that addresses the following issues:
What strategies can Mort's implement to increase the demand for ostrichmeat?
Explain toMort's the difference between changing the demand for ostrich meatversus changing the quantity demanded. Explain what strategies will cause a change in demand versus a change in the quantitydemanded.