Question: 10. What will a decrease in the supply of fishermen do to the market for capital employed in the fishing industry? a. increase the demand
10. What will a decrease in the supply of fishermen do to the market for capital employed in the fishing industry?
a. increase the demand for fishing boats and increase rental rates on fishing boats
b. decrease the demand for fishing boats and decrease rental rates on fishing boats
c. increase the demand for fishing boats and decrease rental rates on fishing boats
d. decrease the demand for fishing boats and increase rental rates on fishing boats
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
