you will have to spend $17.50 on the bike. 17.50 > x
as for the graph, I assume it would be asking you to graph on a number line. So all you would have to do is go out to 17.50 on the line and make the graph going to the left, because it is saying that x is less than 17.50. If you think about it, X is less than 17.50 because the $50.00 bike is said to be the MOST expensive. So anything less would cause the $17.50 to go down, thus bringing the graph to the left.