Multiple Choice
-The above figure shows the market for bicycles. When there is a physical fitness craze so that everyone wants to exercise the
A) demand curve for bicycles shifts from D1 to D2.
B) demand curve for bicycles shifts from D2 to D1.
C) demand curve and the supply curve of bicycles do not shift.
D) supply curve of bicycles shifts from S1 to S2.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures
Q64: You observe that the price of a
Q79: Which of the following increases the supply
Q153: To say that "supply increases" for any
Q160: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q201: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures
Q230: What leads to a decrease in the
Q340: Each point on the demand curve reflects<br>A)
Q358: An increase in the number of fast-food
Q409: At a price of $4 in the