1. Based on each of the following situation below, discuss the effect on equilibrium price andquantity of fish using a demand and supplydiagram for fish. d. Due to the onset of Influenza A HINI, an infectious diseases of birds and mammals,the price of chicken are rising and most people tend to eat more fish than chickenbecause they are aware of the effect HINI.

Here, it is given that an infectious disease of birds will lead to affect the price of the chicken…

d. Due to the onset of Influenza A H1N1, an infectious diseases of birds and mammals, the price of chicken are rising and most people tend to eat more fish than chicken because they are aware of the effect HINI.

d. Due to the onset of Influenza A H1N1, an infectious diseases of birds and mammals, the price of chicken are rising and most people tend to eat more fish than chicken because they are aware of the effect HINI.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter3: Demand And Supply

Section: Chapter Questions

Problem 17RQ: How can you locate the equilibrium point on a demand and supply graph?

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