the market price of men's haircuts
An increase in the market price of ;men’s haircuts from $20 to $30 per ;haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 35 to 40. ;When the market price remains at $30 for several weeks and all other things remain equal as ;well, the barbershop hires additional employees and provides 55
What is the short run price of elasticity of supply?
What is the long run price of elasticity of supply?
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