What will happen to the marginal revenue product (MRP), equilibrium wage rate, and employment level in the labor market for fishermen if there is a decrease in the price of fish? Multiple choice question. MRP decreases, equilibrium wage rate decreases, and equilibrium employment level decreases. MRP increases, equilibrium wage rate decreases, and equilibrium employment level increases. MRP increases, equilibrium wage rate increases, and equilibrium employment level increases. MRP decreases, equilibrium wage rate increases, and equilibrium employment level decreases