10. Price elasticity of supply in the short run and long run

The following graph shows the short-run supply curve for pears.

Place the orange line (square symbol) on the following graph to show the most likely long-run supply curve for pears. (Note: Place the points of the line either on K and T or on K and C.)

10. Price elasticity of supply in the short run and long run The following graph shows the short-run supply curve for pears. Place the orange line (square symbol) on the following graph to show the most likely long-run supply curve for pears. (Note: Place the points of the line either on K and T or on K and C.) 48 40 Long-Run Supply 32 nc 24 PRICE (Dollars per pound) 16 Short-Run Supply 2 10 12 Activate Windows QUANTITY (Thousands of pounds of pears) Go to PC settings to activate Win