1-Explain the effect of the increase of chicken prices on the equilibrium price and equilibrium quantity of the fish.

2-When the price of a good is below its equilibrium value, what will happen to consumers bid price? Explain.

3-Incomes of buyers in the market for Sharm El Sheikh vacations decrease. Indicate how you think this change would shift demand in the indicated market.

4-a)How would each of the following affect the market supply curve for tomato?

1.A new and improved tomato growing technique is discovered.

2.New extra tax imposed by the government on tomato production.