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Assuming a normal market, with a positively sloped supply and negatively sloped demand, which is initially in equilibrium. Given the situation stated below, fill in

Assuming a normal market, with a positively sloped supply and negatively sloped demand, which is initially in equilibrium. Given the situation stated below, fill in the blanks matchingthe effect as either: increase, decrease, no change or indeterminate (cannot determine).

Market for Wild Salmon

Fewer wild salmon remain to be caught due to over-fishing, and consumer research shows that farmed salmon provides more health benefits than wild salmon.

(a)Supply will

(Click for List)

be indeterminate (unable to determine)

increase

no change

decrease

(b)Demand will

(Click for List)

decrease

increase

be indeterminate (unable to determine)

no change

(c)Equilibrium quantity will

(Click for List)

increase

decrease

no change

be indeterminate (unable to determine)

(d)Equilibrium price will

(Click for List)

be indeterminate (cannot determine)

no change

increase

decrease

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