October 2, 2025Deleted JournalOpen Access

Between Luxury and Necessity: a Socioeconomic Evaluation of Animal Protein Demand Elasticity in North Sumatra

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Beef and chicken exhibit price-elastic demand, while fish and eggs are price-inelastic, indicating varying consumer responsiveness.
The strongest substitution effect is found between beef and chicken, suggesting consumers easily switch based on pricing.
Beef and chicken are classified as luxury goods, while fish and eggs are normal goods, reflecting different income elasticities.
Policy recommendations include price stabilization for beef and chicken and food assistance for low-to-middle-income households.

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Implication

This study evaluates demand elasticity and consumption patterns of animal protein in North Sumatra, indicating significant socioeconomic implications.

Cite This Study

Nababan et al. (2025) studied this question.

synapsesocial.com/papers/68de84bb5b556a9128e1ba1e https://doi.org/10.30598/baileofisipvol3iss1pp194-209

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Implication

This study evaluates demand elasticity and consumption patterns of animal protein in North Sumatra, indicating significant socioeconomic implications.

Between Luxury and Necessity: a Socioeconomic Evaluation of Animal Protein Demand Elasticity in North Sumatra

Key Points

Discussion

Implication

Cite This Study

Between Luxury and Necessity: a Socioeconomic Evaluation of Animal Protein Demand Elasticity in North Sumatra

Key Points

Discussion

Implication

Cite This Study