As long as an excess demand for fish exists on the market, there will always be an

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As long as an excess demand for fish exists on the market, there will always be an incentive

a. for demanders to bid the price up.

b. for demanders to buy fewer fish.

c. for fishermen to produce and supply fish.

d. for fishermen to lower the price of fish.

e. for demanders and suppliers to seek the equilibrium price.

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Principles Of Microeconomics

ISBN: 9781913689681

7th Edition

Authors: Fred M. Gottheil

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Question Posted: Nov 11, 2024 07:04 AM

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As long as an excess demand for fish exists on the market, there will always be an

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Principles Of Microeconomics

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