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

Jovanny Farrell

23 September, 19:42

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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Yair Huynh · 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