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A Decline in the Availability of Bicycle Handle Bars Will

Question 21

Multiple Choice

A decline in the availability of bicycle handle bars will decrease Huffy Bicycle Company's production of bicycles. Decreased production in turn reduces Huffy's demand for bicycle seats. Which type of demand do the products in this situation have?


A) inelastic demand
B) joint demand
C) elastic demand
D) congruent demand

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