AGES supply and demand

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  • Supply and Demand of Bike Helmets 
  • The price of a related good, such as a motor bike helmet, increased. Leading to a increase in demand of bike helmets.
  • The future expectations of the bike helmet are to prevent injuries. However, after people were killed wearing the helmet as they biked, the demand will decrease.
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  • In the supply scenario, the expectations of future products will be set high as the of the bike helmet is a successful product.
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  • In a supply scenario, a large number of sellers will cause the price of the product to decrease in order to attract consumers.
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  • An increased number of consumers purchasing bike helmets would cause the demand shift to increase.
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