lomework (Ch 04) 14, A supply and demand puzzle The following graph presents the market for bikes in 2015. Between 20 equilibrium quantity of bikes decreased, Given this information, 15 and 2016, the equilibrium price of bikes remained constant, but the bikes You can conclude that between 2015 and 2016, the supply of and the demand for bikes v R Make changes to the graph to illustrate your answer by showing the positions of the supply and demand curves in 2016, 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. / e Supply Demand A Supply / Demand PRICE (Dollars per bike) QUANTITY (Bikes)