Business, 16.06.2020 17:57 yeahmaneee

Suppose that two things happen simultaneously in the market for fish. First, a new technology allows fishing boats to catch more fish while using the same number of crew members as before. Second, a new study shows that eating fish at least three times a week helps prevent heart attacks. 1. As a result, the equilibrium price for fish will while the equilibrium quantity of fish will:
a. increase
b. decrease
c. have an ambiguous change

2. While the equilibrium quantity of fish will:
a. increase
b. decrease
c. have an ambiguous change

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Suppose that two things happen simultaneously in the market for fish. First, a new technology allows...

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