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6. A Supply and Demand puzzle The following graph presents the market for bikes in 2016. Between 2016 and 2017, the equilibrium quantity of bikes
6. A Supply and Demand puzzle The following graph presents the market for bikes in 2016. Between 2016 and 2017, the equilibrium quantity of bikes remained constant, but the equilibrium price of bikes decreased. Given this information, you can conclude that between 2016 and 2017, the supply of bikes Y and the demand for bikes V . Make changes to the graph to illustrate your answer by showing the positions of the supply and demand curves in 2017. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther.' 0 Supply Demand El 70' as 2 Supply 0.1 CI. E S - - - - - - - - - -+ 3 l 5 I E I I Demand I I I I I QUANTITY (Bikes)
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