High concentrations of mercury

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According to a recent report in The Economist, the price of tuna has been rising rapidly in the past few years. The prices has risen due to a rightward shift in the demand curve caused by a shift in consumers' taste to healthier sources of protein. In the labor market for fisherman, the increased number of vessels and fishermen represent a movement along the supply curve. Discussion: Describe what will happen to the tuna market if people discover that tuna has high concentrations of mercury. Your discussion should include a graph as well as indication of price movements and a reason why the curve(s) moved.

Reference no: EM131003360

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