8. Price elasticity of supply in the short run and long run The following graph shows the long-run supply curve for pecans. Place the orange line (square symbol) on the following graph to show the most likely short-run supply curve for pecans. (Note: Place the points of the line either on O and D or on O and S.) (punod jed sumoga) PRICE 3 20 10 2 0 D Long-Run Supply 8 10 QUANTITY (Thousands of pounds of pecans) 12 0 Short-Run Supply Ⓒ

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