There are many food carts near mark’s university. mark and his friends regularly buy hot dogs from jeff’s cart. recently, andrea opened a business selling two-for-one hamburgers near jeff’s cart. what will be effect on jeff’s hot dog cart? demand for his hot dogs will increase supply of for his hot dogs will decrease supply of his hot dogs will increase demand for his hotdogs will decrease nextreset

Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

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.)