Helen, a principal real estate broker, received a $5,000 check as a deposit with an offer to purchase on monday. there was no statement in the sales agreement directing her to hold the check until the seller either accepted or rejected the offer. helen discovered the seller was on vacation for seven days. to comply with oregon administrative rules, helen should

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)