Bicycles are made out of steel. If the price of steel increases, there is a shift in the supply curve of bicycles that leads to

A) a shift in the demand curve for bicycles.
B) a temporary surplus of bicycles.
C) a permanent surplus of bicycles.
D) an increase in the price of a bicycle.


D

Economics

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Carl's Computer Center sells computers to business firms. Businesses then use the computers to produce other goods and services. Over the past year,

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Economics