Question

A decrease in the price of bikes would lead to: Group of answer choices a decrease...

A decrease in the price of bikes would lead to:

Group of answer choices

a decrease in the equilibrium price and equilibrium quantity sold of bike helmets

an increase in the equilibrium price and equilibrium quantity sold of bike helmets

an increase in the equilibrium price and a decrease in the equilibrium quantity sold of bike helmets

a decrease in the equilibrium price and an increase in the equilibrium quantity sold of bike helmets

Homework Answers

Answer #1

OPTION B

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