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Why do porterhouse, T-bone and sirloin steaks cost more than round steaks?

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Why do porterhouse, T-bone and sirloin steaks cost more than round steaks?

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A. The cuts mentioned, whether beef, pork, lamb or veal, are the more tender cuts and are usually in greater demand. As they are a smaller percentage of the carcass, the old rule of supply and demand increases their cost.

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