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A hurricane destroys most of the fishing boats on the Macro Islands but leaves the lobster traps untouched. Boats are not needed to collect the trapped lobsters. People enjoy eating fresh fish with tartar sauce and lobster with drawn butter equally. Explain the effect of the hurricane on the demand and supply for fish. Demand / Supply Increase / Decrease Increase / No Change No Change / Decrease Decrease / No Change Decrease / Increase
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demand for fish will remain the same, but the supply will be decreased.
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