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    Exam 3: Demand and Supply
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    In the Market for Bicycles, Explain What Happens to the Supply
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In the Market for Bicycles, Explain What Happens to the Supply

Question 372

Question 372

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In the market for bicycles, explain what happens to the supply and demand curves when there is an increase in the price of steel used to make bikes.

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An increase in the price of steel is an ...

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