10. Price elasticity of supply in the short run and long run The following graph shows the short-run supply curve for apricots. Place the orange line (square symbol) on the graph to show the most likely long-run supply curve for apricots. (Note: Place the points of the line either on Z and A or on Z and B.) 12 10 Long-Run Supply PRICE (Dollars per pound) Z Short-Run Supply 4 2 2 8 2 12 QUANTITY (Thousands of pounds of apricots)