subject
Business, 25.02.2020 00:55 kaeakal

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.

As a result, the equilibrium price for fish will (increase/decrease/ have an ambiguous change)

while the equilibrium quantity of fish will (increase/decrease/ have an ambiguous change)

.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 13:30
Yard tools manufactures lawnmowers, weed-trimmers, and chainsaws. its sales mix and unit contribution margin are as follows. sales mix unit contribution margin lawnmowers 20 % $30 weed-trimmers 50 % $20 chainsaws 30 % $40 yard tools has fixed costs of $4,200,000. compute the number of units of each product that yard tools must sell in order to break even under this product mix.
Answers: 3
question
Business, 22.06.2019 14:50
Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
Answers: 3
question
Business, 22.06.2019 22:20
Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic.b. a tax burden falls more heavily on the side of the market that is less elastic.c. a tax burden falls more heavily on the side of the market that is closer to unit elastic.d. a tax burden is distributed independently of the relative elasticities of supply and demand.
Answers: 1
question
Business, 23.06.2019 09:00
You tour a company and notice that employees all seem to have a common goal and understanding of procedures. what would be the contributing factor for this?
Answers: 3
You know the right answer?
Suppose that two things happen simultaneously in the market for fish. First, a new technology allows...
Questions
question
Biology, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
English, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Biology, 17.09.2020 14:01
question
Arts, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
History, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Geography, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
Questions on the website: 13722367