Real wages, nominal wages, and unexpected changes in the price level erin currently earns a wage of $10.00 per hour; in other words, the amount of her paycheck each week is $10.00 per hour times the number of hours she works. suppose the price of apple juice is $2.00 per gallon; in this case, erin's wage, in terms of the amount of apple juice she can buy with her paycheck, is of apple juice per hour.

The new york stock exchange is an example of what type of stock market?

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions

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.)