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QUESTION 11 S2 D2 Bikes Bikes Bikes St S2 D2 Di Bikes Bikes n the figure above, which graph represents what would happen if there was a decrease in the price of metal used in the production of bicycles? ○Both C and E would happen. QUESTION 12
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Answer #1

If there was a decrease in the price of metal used in the production of bicycles,then the supply of bicycle will increase because metal is an input for bicycle production and the decrease in the price of input will decrease the cost of production of bicycle whic leads to a rightward ( or downward) shift in the supply curve.

here in the diagram D) the supply curve shift rightward from S1 to S2, so ans is D)

Ans is diagram D).

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