Homework Help: economics

Posted by Ricky on Friday, January 27, 2012 at 11:10am.

An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for bicycles. This prediction is based on the
assumption that:

No one has answered this question yet.

Answer this Question

Related Questions

economics - 6) If average movie ticket prices rise by about 5 percent and ...
Economics - which of the following factors will not lead to a decrease in demand...
Microeconomics - Suppose that the position of a nation's long-run aggregate ...
macro - Suppose that the position of a nation's long-run aggregate supply ...
Economics - Annual demand and supply for the Entronics company is given by: QD...
Economics - More funds would be directed to private markets, including the stock...
Microeconomics - 4. Assume a drought in the Great Plains reduces the supply of ...
Marginal Theory Predictions - Quick Question For a consumer that is at consumer ...
Economics - As price falls along the elastic portion of a linear demand curve, ...
Economics - 3. Starting from short-run equilibrium, the following occurs: Labor ...

For Further Reading

First Name:
School Subject:
Answer: