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shortrun supply curve that corresponds to prices where there is positive output. (Note: You are given more points to plot than you need.) Then, place

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shortrun supply curve that corresponds to prices where there is positive output. (Note: You are given more points to plot than you need.) Then, place the black point (plus symbol) on the graph to indicate the shortrun equilibrium price and quantity in this market. Note: Dashed drop lines will automatically extend to both axes. Demand Industry's Short Run Supply Equilibrium PRICE (Dollars per jacket) 0 50 450 500 100 150 200 250 300 350 400 QUANTITY (Thousands of jackets) At the current shortrun market price, firms will in the short run. In the long run, a _' COn-lac'l' Me FOF;My

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