The question involves microeconomics or macroeconomics Why d

The question involves microeconomics or macroeconomics?

Why did salmon get much cheaper between 1980 and 2000?

Solution

We know that here two time periods are involved. The price of salmon between 1980 and 2000 has become cheaper. Now, there can be a no. of factors which are involved with the price decrease of Salmon.

We know that there are economic factors involved in the price decrease. Thus, this problem is not related to one entity or one firm. Since the factors involved are at an economy level, thus this is a macroeconomics questions.