Answer:
The correct answer is option D.
Explanation:
An increase in the cost of fishing will lead to a decrease in the supply of fishes. This happens because the suppliers will be able to supply less at the same cost.
So the supply curve will move to the left. This leftward shift in the supply curve will cause the equilibrium price to increase and the equilibrium quantity to decrease.
All the other options would have caused the equilibrium quantity to increase either through increased demand or increased supply.
<span>While the US Government generally let the economy regulate itself from 1865-1900, whenever there was conflict that arose, it tended to sie with industries. After the rise of the labor unions and the populist movements,. the government then began to regulate the industry more so that they could protect the citizens of the country.</span>
Investment will decline if savings also decline when a government's fiscal policy switches from a budget surplus to a budget deficit and the trade deficit stays steady.
<h3>What occurs if there is a budget surplus or deficit for the government?</h3>
- A budget deficit occurs when the federal government spends more money than it takes in from taxes in a given year.
- In contrast, the government has a budget surplus when it collects more taxes than it spends in a single year.
<h3>What distinguishes a budget surplus from a budget deficit?</h3>
A government experiences a budget surplus when its tax revenues exceed its expenditures, a budget deficit when its expenditures exceed its tax revenues, and a balanced budget when the two figures are equal.
<h3>How do trade deficits result from budget deficits?</h3>
A budget deficit causes interest rates to rise, which raises net capital inflows and currency depreciation, which lowers net exports.
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