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Question : Consider two competing motorcycle manufacturers, Harley-Davidson and Honda. If Harley-Davidson

Consider two competing motorcycle manufacturers, Harley-Davidson and Honda. If Harley-Davidson raises the price of its motorcycles, we can expect a shift to the right in the demand curve for Hondas and higher prices for Hondas. a shift to the left in the demand curve for Hondas and lower prices for Hondas. a shift to the left in the supply curve of Hondas and higher prices for Hondas. a shift to the right in the supply curve of Hondas and lower prices for Hondas.

 

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