Question: trapping lobster, will result in A . a decrease in the equilibrium quantity of lobster, the equilibrium price may increase or decrease. B . a
trapping lobster, will result in
A a decrease in the equilibrium quantity of lobster, the equilibrium price may increase or decrease.
B a decrease in the equilibrium quantity of lobster and no change in the equilibrium price.
C an increase in the equilibrium price of lobster and no change in the equilibrium quantity.
D an increase in the equilibrium price of lobster; the equilibrium quantity may increase or decrease.
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