10. Price elasticity of supply in the short run and long run The following graph shows the long-run supply curve for kiw
Posted: Sun Jun 05, 2022 12:05 pm
10. Price elasticity of supply in the short run and long run The following graph shows the long-run supply curve for kiwis. Place the orange line (square symbol) on the graph to show the most likely short-run supply curve for kiwis. (Note: Place the points of the line either on X and I or on X and T.) 24 -O- Short-Run Supply Long-Run Supply 2 4 8 10 QUANTITY (Thousands of pounds of kiwis) PRICE (Dollars per pound) S 16 N 00 0 0 12