menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 40
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    An Increase in the Number of Sellers of Bikes Will
Solved

An Increase in the Number of Sellers of Bikes Will

Question 263

Question 263

Multiple Choice

An increase in the number of sellers of bikes will increase the


A) price of a bike.
B) demand for inline skates, a substitute for bikes.
C) demand for knee pads, a complement for bikes.
D) demand for bikes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q155: An increase in price results in increase

Q163: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table

Q258: When demand increases and supply decreases, the<br>A)

Q259: The "law of demand" states that, other

Q260: How does an unusually warm winter affect

Q261: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -Refer to the

Q262: If good growing conditions increase the supply

Q264: The price of chicken falls, causing the

Q265: When the demand for a good decreases,

Q267: In July 2008, gas prices rose as

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines