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18108: Prin of Microeconomics MindTap - Cengage Learning C Suppose That During The Past Year, The Price Of A . | Ches CENGAGE | MINDTAP

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18108: Prin of Microeconomics MindTap - Cengage Learning C Suppose That During The Past Year, The Price Of A . | Ches CENGAGE | MINDTAP Q Search this cour Homework (Ch 05) 10. Price elasticity of supply in the short run and long run The following graph shows the short-run supply curve for persimmons. Place the orange line (square symbol) on the following graph to show the most likely long-run supply curve for persimmons. (Note: Place the points of the line either on T and I or on T and X.) 24 20 Long-Run Supply 16 12 PRICE (Dollars per pound) T Short-Run Supply 0 2 10 12 0 QUANTITY (Thousands of pounds of persimmons)

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