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please answer Consider the mountain bike market. shown below. S, Price (blkES) 5 $2,000 $1,750 | $1,500:J| J| P* $1.250:II II | | $1,000| _|__

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Consider the mountain bike market. shown below. S, Price (blkES) 5 $2,000 $1,750 | $1,500:J| J| P* $1.250:II II | | $1,000| _|__ $750| | cm___ ti- _} _- I I I D I | | | | | | 60 80 100 120 140 160 180 Quantity (1* (Bikes per month) Suppose that the current market price was $1.509 At this price, there exists a shortage V of 100 V bikes

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