Suppose we have the following market supply and demand schedules for bicycles: Price Quantity demanded Quantity supplied $100 70 30 $200 60 40 $300 50 50 $400 40 60 $500 30 70 $600 20 80 1. Plot the supply curve and the demand curve for bicycles below P 600 500 400 300 200 100 20 40 60 Q 2. What is the equilibrium price and equilibrium quantity of bicycles