Business, 31.12.2019 01:31 biancaadenisee2
Chicken and tuna fish are substitutes in consumption. suppose that new technology decreases the cost of catching tuna. this would result in in the equilibrium quantity and in the equilibrium price for chicken.
a. an increase; an increase
b. a decrease; a decrease
c. an increase; a decrease
d. a decrease; an increase
e. there is not enough information to determine what will happen.
Answers: 2
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Chicken and tuna fish are substitutes in consumption. suppose that new technology decreases the cost...
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