The production engineers have prepared a report detailing the types and amounts of inventory required for production. This document is then checked against the raw materials record to determine how much material must be purchased for production. Which source document is being described? A. Job Cost Record B. Receiving Report C. Bill of Materials D. Raw Materials Record

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.)