What would best explain why the equilibrium price of pink salmon decreased and the equilibrium quantity increased?
a. The decrease in supply was greater than the increase in demand.
b. The increase in supply was greater than the decrease in demand.
c. The decrease in demand was greater than the decrease in supply.
d. The increase in demand was greater than the decrease in supply.

Question

04-07-2024
Business

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What would best explain why the equilibrium price of pink salmon decreased and the equilibrium quantity increased?
a. The decrease in supply was greater than the increase in demand.
b. The increase in supply was greater than the decrease in demand.
c. The decrease in demand was greater than the decrease in supply.
d. The increase in demand was greater than the decrease in supply.

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