In October 2005, the U.S. Fish and Wildlife Service banned the importation of beluga caviar, the most prized of caviars, from the Caspian Sea. What happened in the market for caviar in the United States?
A) The demand curve shifted to the right. B) The demand curve shifted to the left.
C) The supply curve shifted to the right. D) The supply curve shifted to the left.
D
Economics
You might also like to view...
In a bargaining game, players
A) are forced to negotiate, as in a mediation. B) voluntarily negotiate. C) are engaging in illegal activity. D) Both B and C
Economics
Marginal social cost is defined as marginal private cost
a. plus opportunity cost. b. plus marginal opportunity cost. c. minus incidental cost. d. plus incidental cost.
Economics