An increase in the wages paid to fishermen will have what effect ...

[schs14]

An increase in the wages paid to fishermen will have what effect on the fish market equilibrium?
 a. Price will decrease, and quantity will decrease.
  b. Price will increase, and quantity will increase.
  c. Price will decrease, and quantity will increase.
  d. Price will increase, and quantity will decrease.
  e. Price and quantity will stay the same.

Question 2

An increase in consumers' incomes will have what effect on the equilibrium in the restaurant meals market?
 a. Price will increase, and quantity will increase.
  b. Price will decrease, and quantity will increase.
  c. Price will increase, and quantity will decrease.
  d. Price will decrease, and quantity will decrease.
  e. Price will increase, and quantity will stay the same.

[eliasc0401]

Answer to Question 1

d

Answer to Question 2

a

[schs14]

Thanks for the timely response, appreciate it

[bblaney]

YES! Correct, THANKS for helping me on my review