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Imagine a tsunami strikes the town, destroying every single house and washing away millions of dollars worth of property. At the same time, it brings
Imagine a tsunami strikes the town, destroying every single house and washing away millions of dollars worth of property. At the same time, it brings plentiful seafood to the town. What can we say about the new equilibrium quantity and price of the seafood market? Group of answer choices Quantity goes down, price is ambiguous Quantity is ambiguous, price goes down Quantity goes up, price is ambiguous Quantity is ambiguous, price goes up
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