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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.

1 Answer

7 votes

Answer: fewer bicycles sold, but at a higher price

Step-by-step explanation:

User Dallas Caley
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