An increase in the market price of men's haircuts, from $18 per haircut to $28 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 $28 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 55 haircuts per day.

Question

Mathematics

Kendall Humphrey

5 October, 17:14

An increase in the market price of men's haircuts, from $18 per haircut to $28 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 $28 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 55 haircuts per day.

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Answers (1)

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Jaiden Mora · Answer 1

Answer: $1540

Step-by-step explanation:

What i did is i did 55*28 and i pretty sure the question is how much money do they get now. so they would have $1540