Mango Place has forecast its sales for the coming months as follows: Standard Units Deluxe Units
April 106 77
May 115 80
June 141 89
July 160 104

The standard unit sells for $206, the deluxe unit sells for $351.

Required:
Prepare a sales budget for each of the three months April through June as well as the total for the quarter. Present the budget for each product as well as total sales.

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.)