As fewer people buy bicycles, the demand for bicycle helmets will decrease and the price of...
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"As fewer people buy bicycles, the demand for bicycle helmets will decrease and the price of a bicycle helmet will fall. The fall in the price of a bicycle helmet will decrease the supply of bicycle helmets." Is this statement true? Explain. This statement is because OA. true; the decrease in the price of a bicycle helmet decreases the supply of bicycle helmets, which eliminates any shortage of bicycle helmets OB. false; the price of a bicycle helmet does not fall when the demand for bicycle helmets decreases OC. true; when the demand for bicycle helmets decreases, the supply of bicycle helmets decreases so that the price of a bicycle helmet does not rise D. false; as the price of a bicycle helmet falls, the supply of bicycle helmets does not decrease O E. true; when the demand for bicycle helmets decreases, the supply of bicycle helmets decreases so a surplus of bicycle helmets is avoided "As fewer people buy bicycles, the demand for bicycle helmets will decrease and the price of a bicycle helmet will fall. The fall in the price of a bicycle helmet will decrease the supply of bicycle helmets." Is this statement true? Explain. This statement is because OA. true; the decrease in the price of a bicycle helmet decreases the supply of bicycle helmets, which eliminates any shortage of bicycle helmets OB. false; the price of a bicycle helmet does not fall when the demand for bicycle helmets decreases OC. true; when the demand for bicycle helmets decreases, the supply of bicycle helmets decreases so that the price of a bicycle helmet does not rise D. false; as the price of a bicycle helmet falls, the supply of bicycle helmets does not decrease O E. true; when the demand for bicycle helmets decreases, the supply of bicycle helmets decreases so a surplus of bicycle helmets is avoided
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