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DeSSA Social Studies Grade 7 Practice Questions - Delaware System Of Student Assessments (DeSSA) Social Studies - Grade 7 Exam
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Question Number 5
If the demand for bicycles rises and supply stays the same, what is the most likely short-run result?
Bicycle prices tend to fall
Bicycle prices tend to rise
Bicycle production becomes free
Demand has no effect on price
✔ Correct Answer:
Bicycle prices tend to rise
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