14. A supply and demand puzzle
The following graph presents the market for sweaters in 2018. Between 2018 and 2019, the equilibrium price of sweaters remained constant, but the equilibrium quantity of sweaters increased. Given this information, you can conclude that between 2018 and 2019, the supply of sweaters and the demand for sweaters.
decreased
increased
was unchanged
Use the graph to illustrate your answer by showing the positions of the supply and demand curves in 2019.
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.
PRICE (Dollars per sweater)
QUANTITY (Sweaters)
Supply
Demand