Multiple Choice
A decrease in the demand for fish
A) decreases the value of the marginal product of fishermen, reduces their wage, and reduces employment in the fishing industry.
B) increases the value of the marginal product of fishermen, increases their wage, and increases employment in the fishing industry.
C) decreases the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry.
D) increases the value of the marginal product of fishermen, increases their wage, and decreases employment in the fishing industry.
Correct Answer:

Verified
Correct Answer:
Verified
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