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Emily typically drives her car to work. But she only lives one mile from work and is willing to ride her bike instead. If the

Emily typically drives her car to work. But she only lives one mile from work and is willing to ride her bike instead. If the price of a bike falls, what would happen in the market for cars?

The demand for cars will increase.

The demand for cars will decrease.

The quantity demanded of cars will increase.

The quantity demanded of cars will decrease.

Both the demand and quantity demanded of cars will increase.

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