When the fishing economy mobilized for war preparedness by drafting young men and women, many draftees came from fishing jobs. Picture the market for fish, before and after the mobilization. What happens to the price and quantity of fish on the market afterthe draft went into effect?
A) Both fish prices and quantity increased.
B) Fish prices increased and quantity remained unchanged.
C) The draft had no effect on the fish market.
D) Fish prices decreased and quantity increased.
E) Fish prices increased and the quantity decreased.
Correct Answer:
Verified
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