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In response to rising car traffic, demand for bicycles has increased. The new equilibrium point will show Group of answer choices fewer bicycles sold, but at a higher price. mor…

In response to rising car traffic, demand for bicycles has increased. The new equilibrium point will show Group of answer choices fewer bicycles sold, but at a higher price. mor…
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1 vote
In response to rising car traffic, demand for bicycles has increased. The new equilibrium point will show

Group of answer choices

fewer bicycles sold, but at a higher price.

more bicycles sold, but at a lower price.

fewer bicycles sold, but at a higher price

more bicycles sold, but at a higher price.

asked
User DanilGholtsman
by
7.2k points

1 Answer

7 votes

Answer: fewer bicycles sold, but at a higher price

Step-by-step explanation:

answered
User Dallas Caley
by
9.2k points
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