The graph below shows the daily supply and demand for air travel between New York and Los Angeles (numbers are hypothetical but representative of the route). Use this supply and demand graph to answer questions 1, 2, and 3. Note: Continue to complete questions 4 and 5! JFK-LAX Airline Traffic 1000 900 800 700 600 500 Average Fare in $ 400 300 200 100 0 0 2 4 6 8 10 12 14 16 18 Daily Passengers (in thousands) Demand Supply