when the price of cars rises, what will be the effect on the equilibrium price and quantity of a)tires
a) when the price of cars rises, there is a reduction of car's demand, demand for the accompanying goods (tires) decreases too, so price and quantity of tires decreases. b) when the price of cars rises, the is a reduction of car's demand, more people buy bus tickets because they can't buy the car. So price and quantity of bus tickets grow up.
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