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In response to rising car traffic, demand for bicycles has increased. The new equilibrium point will show a. more bicycles sold, but at a higher price. b. fewer bicycles sold, but at a higher price. c. more bicycles sold, but at a lower price. d. fewer bicycles sold, but at a lower price.
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In response to rising car traffic, demand for bicycles has increased. The new equilibrium point will show: more bicycles sold, but at a higher price.
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Asked 11/20/2014 12:10:07 PM
Updated 11/21/2014 10:12:46 AM
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In response to rising car traffic, demand for bicycles has increased. The new equilibrium point will show: more bicycles sold, but at a higher price.

Added 11/21/2014 10:12:46 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [11/21/2014 10:23:04 AM]
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Factors that make it difficult for new firms to enter a market are called a. start-up costs. c. perfect competition. b. barriers to entry. d. commodities.
Weegy: Factors that make it difficult for new firms to enter a market are called barriers to entry. ". (More)
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Updated 11/19/2014 11:51:23 AM
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The economic impact of a holiday fad is illustrated by a. a negative result on the change in demand graph. b. a flattening of the demand curve. c. a sharp drop in the marginal product demand ratio. d. a rapid shift to the right in a market demand curve.
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Updated 5/9/2016 1:46:27 AM
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The economic impact of a holiday fad is illustrated by a rapid shift to the right in a market demand curve.
Added 5/9/2016 1:46:27 AM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [5/9/2016 3:09:11 AM]
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