An increase in the number of sellers of bikes will increase the

Name: An increase in the number of sellers of bikes will increase the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An increase in the number of sellers typically increases the supply of bikes, which can lead to a decrease in price. Lower prices can increase the quantity demanded for bikes, and as more people buy bikes, the demand for complementary goods like knee pads may increase.

An Increase in the Number of Sellers of Bikes Will