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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)
.
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Suppose that two things happen simultaneously in the market for fish. First, a new technology allows...
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