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-The Above Figure Shows the Market for Bicycles

Question 207

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 D<sub>2 </sub>to D<sub>1</sub>. B)  supply curve of bicycles shifts from S<sub>1 </sub>to S<sub>2</sub>. C)  demand curve and the supply curve of bicycles do not shift. D)  demand curve for bicycles shifts from D<sub>1 </sub>to D<sub>2</sub>.
-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 D2 to D1.
B) supply curve of bicycles shifts from S1 to S2.
C) demand curve and the supply curve of bicycles do not shift.
D) demand curve for bicycles shifts from D1 to D2.

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