The Impact of Anthrax on Livestock-Free-Samples for Students

Question: Discuss the Impact of Anthrax on Livestock. Answer: Introduction: Anthrax is a zoonotic disease that is caused by aerobic, gram-positive spore-forming bacteria. It can also affect humans and a wide variety of animals; however in majority of the cases in Victoria have witnessed the impact of anthrax on livestock, especially on cattle and sheep. There was a sudden death among the cattle and sheep and before the death; animals might reflect the signs of higher fever. If livestock start to die suddenly despite there is no history of anthrax on property anthrax might turn out to be the probable cause. Discussion: Livestock falls under the animal product and there are abundant amount of physical, biological and socio-economic factors that act together to influence the nature of external agriculture practiced in Victoria (Taussig, 2013). Disease happening from both temperature and precipitation can create an impact on the animals capability to live and to be productive in several ways. The socio-economic conditions might create a profound impact on the type and quality of livestock products generated. The main reason for the production of livestock products reflects that they are in huge demand due to the wants of the consumer. Unless there is a higher deal of additional handling or processing amid the producers and the consumers, basic plant foods must be less expensive than the animal products. As people in several countries might spend a large part of their disposal income on food livestock products, their primary priority should be purchased for cereals, roots, tubers and vegetables so that it can satisfy the nutrient requirements. When individuals with restricted income do purchase animals products and they are largely interested in the quantity, which can be obtained for a particular sum of currency instead of quality. Specific diseases may such as anthrax might depress or reduce the production in Victoria and this turns out to be the major factor creating an impact on the presence of livestock (Sloman et al., 2013). It is noteworthy to denote that tropical climate is suitable for presence of endoparasites and ectoparasites, which lives in or on a specific animal species for at least a minimum part of their life cycle. These kinds of parasites battle with their hosts for nutrients that ultimately lowers down their productivity and growth. Considering the market equilibrium during the intersection of supply and demand curve it results in market equilibrium. The equivalent price shows the equilibrium price or market-clearing price where the demand for the quantity is equivalent to the quantity (Bernanke et al., 2015). Putting together the curves of supply and demand from the above stated section these two curves will be interconnected at the level of price and quantity. Under this kind of market, the equilibrium price is assumed to be $6 per unit and the equilibrium quantity is assumed to be approximately 20 units. Hence, under such kind of price level, the market is assumed to be equilibrium level. The supply of quantity is equivalent to the demand of quantity (Cowen Tabarrok, 2015). Given the market price is higher than the equilibrium price, the supply of quantity is higher than the quantity demanded which has resulted in surplus that tends to decreasing prices in the market. Figure 1: Figure representing market equilibrium (Source: Goodwin et al., 2015) The animal products possess positive income elasticity of demand. This represents that as the income of the consumer rises the consumption pattern will also change and there will be more demand of the animal products such as meat, eggs and milk. This forms the prime reason that in spite of the impact of disease livestock product holds a prominent and growing place in the farming economy. Given that the income of the Australian individual is anticipated to rise, the demand for the animal products is also anticipated to rise as well (Goodwin et al., 2015). The demand is largely to be fulfilled by the domestic supply and this paves the reason for a need to sustain the current production and growth. Livestock production in the system of mixed farming creates a positive environmental externalities which consists of land saving arising out of the recycling of the agricultural by-products. It also helps in saving of chemical fertilizers because of the use of dung as manure along with the prevention of emission of carbon dioxide due to the animal energy in agriculture. Livestock production in the mixed farming helps in saving or recycling the by-product crops. This kind of land saving creates a positive environmental impact. Furthermore, if the agricultural machinery replaces working animals, it would need an added amount of fuel and might lead to emission of CO2 from the burning fossil fuel. It is the emission of carbon dioxide that is prohibited by the livestock (Arena Qur, 2016). The current study assumes that the tractors are only machinery that is used and possess similar power and the working of sheep does not create differences in their work capacity. Conclusion: The study significantly highlights that disease occurring from both temperature and precipitation can create an impact on the animals capability to live and to be productive in several ways. The animal products possess positive income elasticity of demand. Since the income of the Australian individual is anticipated to rise, the demand for the animal products is also anticipated to increase as well. Reference list: Arena, R., Qur, M. (Eds.). (2016).The economics of Alfred Marshall: revisiting Marshall's legacy. Springer. Bernanke, B., Antonovics, K., Frank, R. (2015).Principles of macroeconomics. McGraw-Hill Higher Education. Cowen, T., Tabarrok, A. (2015).Modern principles of economics. Palgrave Macmillan. Goodwin, N., Harris, J. M., Nelson, J. A., Roach, B., Torras, M. (2015).Principles of Economics in Context. Routledge. Sloman, J., Norris, K., Garrett, D. (2013).Principles of economics. Pearson Higher Education AU. Taussig, F. W. (2013).Principles of economics (Vol. 2). Cosimo, Inc..