Question: Which of the following would cause a decrease in the equilibrium price and an increase in the equilibrium quantity of salmon? A decrease in demand
Which of the following would cause a decrease in the equilibrium price and an increase in the equilibrium quantity of salmon?
- A decrease in demand and a decrease in supply
- A decrease in demand and an increase in supply
- An increase in supply
- An increase in supply and an increase in demand greater than the increase in supply
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