A decline in the availability of bicycle handle bars will decrease Huffy Bicycle Company's production of bicycles. This decreased production in turn will reduce Huffy's demand for bicycle seats. This scenario illustrates__________demand
Fill in the blanks with correct word.
ANSWER: joint
This scenario illustrates joint demand. Joint demand occurs when two or more items are used together in a final product. A decline in the availability of bicycle handle bars reduced the production of bicycles, which in turn reduced the demand for bicycle seats.
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