NSNguyen wrote:Consumers will be hurt by the new lower ceiling on halibut catches. Given the law of supply and demand these restrictions are likely to result in an increase in the price of the fish.
Which one of the following, if assumed, would do most to justify the claim that the price of halibut will increase?
(A) The demand for halibut will not decrease substantially after the new restrictions are imposed.
(B) There is a connection between the supply of halibut and the demand for it.
(C) The lost production of halibut will not be replaced by increased production of other fish.
(D) The demand for other fish will be affected by the new restrictions.
(E) The amount of halibut consumed represents a very small proportion of all fish consumed.
Conclusion: These restrictions will cause increased price
Premisses: Lower ceiling more halibut catches.
A) Hold
B) Too general and doesn´t answer the question
C) hold
D) Other fish is no discussed.
E) Out of scope.
Between A and C I would choose A as C talks about other fish so we will need at least 2 assumptions to prove that the price of halibut will increase.
Also A is necesary b/c if the consumers decrease substantially their consumption of halibut after the restrictions the price can´t be increased.
