Which of the following accounts would be classified as current assets on the balance sheet? Accounts receivable, inventory, cash equivalents. Marketable securities; accounts payable; property, plant, and equipment. Prepaid expenses, goodwill, long-term investments. Property, plant, and equipment; inventory; goodwill.

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.)