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1. |
What will a decrease in the supply of fishermen do to the market for capital employed in the fishing industry ? |
A. | increase the demand for fishing boats and decrease rental rates on fishing boats |
B. | decreases the demand for fishing boats and increase rental rates on fishing boats. |
C. | decreases the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry |
D. | increase the demand for fishing boats and increase rental rates on fishing boats |
Answer» D. increase the demand for fishing boats and increase rental rates on fishing boats | |