Question: Consider the market for bicycles ( a normal good ) . All else being constant, when incomes decrease, Multiple Cholce the demand curve shifts to

Consider the market for bicycles (a normal good). All else being constant, when incomes decrease,
Multiple Cholce
the demand curve shifts to the left and less bicycles are demanded at each given price.
the supply curve shifts to the right and more bicycles are avallable at each given price.
the supply curve shifts to the left and less bicycles are avallable at each given price.
the demand curve shifts to the right and more bicycles are demanded at each given price.
Consider the market for bicycles ( a normal good

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