An increase in the demand for motorcycles has led to an increase in the demand for motorcycle helmets. Based on this information, which of the following is likely to be true?
A) Motorcycles and motorcycle helmets are considered to be substitute goods.
B) The increase in demand for helmets will be represented as a movement along the demand curve for motorcycle helmets.
C) Helmets are considered to be inferior goods.
D) With an increase in the demand for motorcycles, the demand curve will shift inward toward the origin.
E) In the demand equation for helmets, the coefficient associated with the price of motorcycles will be negative
Correct Answer:
Verified
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