​"As more people buy bicycles​, the demand for bicycle helmets will increase and the price of a helmet will decrease. The fall in the price of a bicycle helmet will decrease the supply of bicycle helmets​." This statement is​ ______ because​ ______.

Respuesta :

Answer:

True, in accordance to the law of supply

Explanation:

​"As more people buy bicycles​, the demand for bicycle helmets will increase and the price of a helmet will decrease. The fall in the price of a bicycle helmet will decrease the supply of bicycle helmets​."

This statement is​ true because​ it is in accordance with the law of supply.

The law of supply states that as prices increase, supply will increase because suppliers will be willing to supply more at a higher price than at a lower price.

Hence it is simply and factually true that ''the fall in the price of a bicycle helmet will decrease the supply of bicycle helmets''

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