Part B On the attached graph paper, draw the Supply Curve for the Supply Schedule below. Anton's Barber Shop Supply Schedule Price per Haircut $6 $8 Quantity of Haircuts Supplied per day 20 30 $10 $12 $14 $16 40 50 60 70 3. When the price of a haircut goes down, in what direction does the quantity supplied move on the Supply Curve? Why?
Part B On the attached graph paper, draw the Supply Curve for the Supply Schedule below. Anton's Barber Shop Supply Schedule Price per Haircut $6 $8 Quantity of Haircuts Supplied per day 20 30 $10 $12 $14 $16 40 50 60 70 3. When the price of a haircut goes down, in what direction does the quantity supplied move on the Supply Curve? Why?
Chapter4: Demand, Supply, And Markets
Section: Chapter Questions
Problem 5.10P
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