Red points to the correct coordinates of price and quantity

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This year is expected to be a great one for selling walking shoes in Georgia. At very low prices, only the most efficient shoemakers are able to sell. There are two shoe producers that operate with the most cost-effective equipment and skilled personnel, each of which can put 1000 shoes in the market at $10.00. At a higher price, more shoemakers will enter the market. In addition to the previous two, the bulk of the state\'s shoe companies offer a total of 10000 shoes at $25.00 per pair. If the price goes to $40.00 per pair, 10 more small cobblers enter the market, each producing 200 pairs of shoes at this price.

Using the information above, graph the supply curve for walking shoes by dragging the provided red points to the correct coordinates of price and quantity.

Reference no: EM13833346

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