Supposed you own a barbershopsaloon you are considering
Supposed you own a barbershop/saloon. You are considering lowering the price of either haircuts or alcoholic drinks. The actual elasticity of demand for haircuts o 1.36 and for alcoholic drinks is 0.62. which price should you lowers? Explain
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assume that the economy is initially in the steady state starting today the government implements a pay-as-you-go
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suppose an economy has overbuilt and suffers from excess capacity a recession ensues due to firm cutting back on
supposed you own a barbershopsaloon you are considering lowering the price of either haircuts or alcoholic drinks the
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