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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

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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