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    Exam 2: Economic Systems, Resource Allocation, and Social Well-Being: Lessons From Chinas Transition
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    If an Increase in the Price of Bicycles Leads to an Increase
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If an Increase in the Price of Bicycles Leads to an Increase

Question 19

Question 19

Multiple Choice

If an increase in the price of bicycles leads to an increase in the demand for bus transportation,the bicycles and bus rides must be


A) Substitutes
B) Complements
C) Normal goods
D) Inferior goods
E) Standardized products

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