For years, Buffalo wings, barbequed chicken wings, have been popular at bars and restaurants, especially during football season. Now, restaurants across the country are selling boneless wings, a small chunk of chicken breast that is fried and smothered in sauce. Part of the reason for this substitution is that wholesale chicken prices have turned upside down. The once-lowly wing now sells for more than the former star of poultry parts, the skinless, boneless chicken breast (William Neuman, “‘Boneless’ Wings, the Cheaper Bite,” New York Times, October 13, 2009). Use multi-market supply-and-demand diagrams to explain why prices for chicken breasts and wings have changed.
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