imagine your town has a local bike store called Brianna’s Bikes. after years of good business, a larger competing chain store opens up across the street. this new store, David’s bike depot, offers specials such as a family pack of three helmets for a lower price and free bike tune-ups with a minimum purchase.

Question

imagine your town has a local bike store called Brianna’s Bikes. after years of good business, a larger competing chain store opens up across the street. this new store, David’s bike depot, offers specials such as a family pack of three helmets for a lower price and free bike tune-ups with a minimum purchase.

use the passage to answer the question
which positive effects would likely result from this new competition? select 2 that apply

a. fewer choices
b. better prices
c. higher quality
d. higher wages

Answer 1

b. better prices

d. higher wages