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What is price of rabbit meat dependent upon?

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Final answer:

The price of rabbit meat is dependent on supply and demand, production costs, and market conditions.

Step-by-step explanation:

The price of rabbit meat is dependent upon various factors:

  1. Supply and demand: The price of rabbit meat is influenced by the balance between the supply and demand for it. If the demand for rabbit meat increases, the price is likely to increase, and vice versa.
  2. Production costs: The cost of raising and processing rabbits for meat can impact the price. Factors such as feed, labor, and equipment costs can affect the overall production costs, which in turn may affect the price.
  3. Market conditions: External factors such as competition, changes in consumer preferences, and government regulations can also influence the price of rabbit meat.

Therefore, the price of rabbit meat is not solely dependent on one factor but is influenced by a combination of supply, demand, production costs, and market conditions.

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