1183EconomicsMedium

A decrease in the demand or fish?

Adecrease the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry
Bincrease the value of the marginal product of fishermen increase their wage and decreases employment in the fishing industry
Cdecrease the value of the marginal product of fishermen reduces their wage, and reduces employment in the fishing industry
Dincrease the value of the marginal product of fishermen increase their wage, and increase employment in the fishing industry.

Correct answer

A. decrease the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry

Explanation

The correct answer is decrease the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry.

Question ID: economics-2062

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