Given below are the input supply curves for the housing and pencil industries,respectively.Graphically illustrate the long-run supply curve for the two industries and comment on the nature of the housing and pencil industries. 
Definitions:
Trade Discounts
Reductions in price given by sellers to buyers in the commercial transactions, typically based on volume or frequency of orders.
Net Price
The final price after all discounts, rebates, and deductions have been applied, but before taxes and additional fees.
Complement Rate
In finance, it usually refers to the difference between 100% and the given rate of interest, used to calculate discount or markup rates.
Net Price
The final price after any discounts, rebates, or other deductions have been applied.
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