Benefits of eating six-ounce portions of wild salmon

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Suppose credible medical reports reveal previously unknown benefits of eating six-ounce portions of wild salmon, three times per week. These benefits include a significantly extended life span, improved health, a keener mind, and more dates. There are no negative side effects. Furthermore, suppose that these benefits occur only if people drink a four-ounce glass of a particular Languedoc white wine with each serving of the fish. Finally, suppose mad salmon disease (MSD) has reared its ugly head once again and has already infected a significant percentage of the wild salmon population worldwide. Use comparative static analysis to illustrate (that means draw graphs) and describe what should happen to the equilibrium price and quantity in the markets for wild salmon and the Languedoc white wine, given just this information. Be specific but not long-winded

Reference no: EM131172286

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