Multiple Choice
Which of the following would cause a decrease in the equilibrium price and an increase in the equilibrium quantity of salmon?
A) a decrease in demand and an increase in supply
B) an increase in supply
C) an increase in supply and an increase in demand greater than the increase in supply
D) a decrease in demand and a decrease in supply
Correct Answer:
Verified
Correct Answer:
Verified
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Q21: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" -Refer to Figure
Q22: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" -Refer to Figure
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