Multiple Choice
Which of the following will increase the demand for motorcycles?
A) A fall in the price of motorcycles.
B) A fall in insurance rates for motorcycles.
C) A fall in the price of automobiles.
D) A fall in buyers' incomes (assuming motorcycles are a normal good) .
E) A fall in consumer preference for motorcycles.
Correct Answer:
Verified
Correct Answer:
Verified
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