Microeconomics

Microeconomics
ISBN-10
0060441275
ISBN-13
9780060441272
Series
Microeconomics
Category
Business & Economics
Pages
546
Language
English
Published
1991
Publisher
New York : HarperCollins
Authors
Richard G. Lipsey, Peter Otto Steiner, Douglas D. Purvis

Description

BOX 13-2 Assume that there are many barber shops and that anyone who qualifies can set up as a barber . Assume also that the going price for haircuts is $ 20 and that at this price all barbers believe their incomes are too low .

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