When there is a choice between the consumption of bundle X and bundle Y, the opportunity cost of consuming bundle X is bundle Y

The disposal and settlement of the public lands, according to Hughes and Cain (2011),

(a) went pretty much, in practice, as Jefferson had envisioned. (b) had both intended and unintended consequences. (c) occurred in an orderly and efficient manner for the most part. (d) was adequately funded and well-organized in execution.

The demand curve for the product of a perfectly competitive firm's demand curve indicates that if the firm

A) lowers its price, it can sell more. B) accepts the market-set price, the number of units the firm can sell is limited. C) raises its price, sales will fall to zero. D) changes its price, the quantity demanded will change in the opposite direction.