Multiple Choice
Which of the following will reduce the supply of motorcycles?
A) An increase in the population age 16 to 35, the primary consumers of motorcycles.
B) An increase in taxes imposed on motorcycle producers.
C) A technological improvement reducing the production costs of motorcycles.
D) A government study that reveals motorcycle riders, on average, live 10 years longer than those who don't ride motorcycles.
Correct Answer:
Verified
Correct Answer:
Verified
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