10. Price elasticity of supply in the short run and long run The following graph shows the short-run supply curve for pistachios. Place the orange line (square symbol) on the following graph to show the most likely long-run supply curve for pistachios. (Note: Place the points of the line either on T and I or on T and X.) 48 T O 40 + Long-Run Supply 32 - 24 + Short-Run Supply PRICE (Dollars per pound) 0 2 4 6 8 10 12 QUANTITY (Thousands of pounds of pistachios)