Financial accounting​ . A. focuses on the future and includes activities such as preparing next​ year's operating budget B. is prepared for the use of department heads and other employees C. is the process of​ measuring, analyzing, and reporting financial and nonfinancial information related to the costs of acquiring or using resources in an organization D. must comply with GAAP​ (generally accepted accounting​ principles)

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.)