In 1966, the Catholic Church eliminated the centuries-old requirement that members abstain from eating meat on Fridays. Catholics customarily ate fish on Friday. Given this, economics would predict thatÂ
A. the price of both meat and fish would rise.
B. the price of fish would increase and the price of meat would fall.
C. the price of fish would decrease and the price of meat would rise.
D. the price of both meat and fish would fall.
Answer: C
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