Many bicycles and bicycle components are made in Asia and shipped to Canada on container ships. Since the start of the global pandemic, international shipping prices have increased by more than 500%. Meanwhile, interest in cycling among Canadians has boomed due to restrictions on other activities. Given the combination of these effects, which of the following would be predicted based on the supply and demand model applied to bicycles?

A, The quantity and price of bicycles sold would increase.

B, The quantity of bicycles sold would decrease and the price of bicycles would increase.

C, The quantity of bicycles sold would increase but we can't say whether price would increase or decrease without more information.

D, The price of bicycles would increase but we can't say whether quantity sold would increase or decrease without more information.