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Can you help explain that how factors influence each other and answer In the market for prepared fish and chips, suppose that the price of

Can you help explain that how factors influence each other and answer

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In the market for prepared fish and chips, suppose that the price of fish falls, and the income of consumers rises. Which of the following must result? (You may assume that fish and chips is a normal good Need help? Road chapter 4 4 of the textbook, here: https/playcunomics com/textbooks/view/playconomics4-201913/part2/ch4/54) The equilibrium price will rise, The equilibrium price will fall The equilibrium price will remain unchanged. The equilibrium quantity will fall None of these Iron ore is a major input in the production of steel A decrease in the price of iron ore will most likely cause ain) _in the price ard an] _in the quantity sold of Steel (Need help? Read chapter 4 4 of the textbock, here: https:/playconomics.com/textbooks/view/playconomics4-201913/part2/ch4/$4] increase decrease None of these decrease increase decrease decrease increase: increase Suppose that coffee and toa are substitutes A decrease in the price of coffee along with a drought that decreases the production of tea leaves will most likely cause afn] in the price and ain) _in the quantity sold of tea (Need help? Read chapter 4 of the textbook, here: https:/playconomics.comtextbooks/view/playconomics4-2019:3/part2/ch4/$4) Increase, Indeterminate change decrease indeter. nate change indeterminate change, decranch None of these indeteriorate change, increase

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