Multiple Choice
Researchers just released the results of a study that shows much of the shellfish eaten contains chemicals that some consider unsafe for consumption.What will likely result from this new information?
A) The demand for shellfish will increase.
B) The supply of shellfish will decrease, causing a decrease in the price.
C) The demand for shellfish will increase at every price.
D) The demand for shellfish will decrease at every price.
E) The demand for shellfish will likely remain the same, but the market price will adjust.
Correct Answer:
Verified
Correct Answer:
Verified
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