What is the quantity demanded and the quantity supplied at a price of $210?At what price is the quantity

supplied equal to 48,000?

Graph the demand and supply curve for bicycles. How can you determine the equilibrium price and quantity from the graph? How can you determine the equilibrium price and quantity from the table? What are the equilibrium price and equilibrium quantity?

If the price was $120, what would the quantities demanded and supplied be? Would a shortage or surplus exist? If so, how large would the shortage or surplus be? 

(Taylor & Greenlaw, 2014, p. 77)

Post your answers as an attachment to the dropbox titled Wk1 Problems by the end of the week.

****** NEED A GRAPH And the answers*****

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