question archive If the price of a haircut is $15, the number of haircuts provided is 125
If the price of a haircut is $15, the number of haircuts provided is 125
Subject:EconomicsPrice:2.87 Bought7
If the price of a haircut is $15, the number of haircuts provided is 125. If the price rises to $30 per haircut, barbers will work much longer hours, and the supply of haircuts will increase to 200. Instructions: Round your answer to two decimal places. The price elasticity of supply for haircuts between $15 and $30
using the mid-point method is ?
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