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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
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 Nae either on N and M or on N and L.) 40 Long Run Supply 32 Short-Run Supply 24 PRICE (Dollars per pound) 16 B 10 12 QUANTITY (Thousands of pounds of pears) Grade It Now Save & Continue Continue without saving
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