Horatio can produce either a combination of 15 bird houses and 25 wind chimes or a combination of 30 bird houses and 15 wind chimes. If he now produces 30 bird houses and 15 wind chimes, what is the opportunity cost of producing an additional 10 wind

How does the idea of a leaky bucket relate to the study of income distribution?

In a perfectly competitive long-run constant-cost industry, an increase in market demand causes:

A. an increase in quantity, no change in price, and no change in profit in the long run. B. an increase in price, quantity, and profit in the long run. C. an increase in quantity, a decrease in price, and no change in profit in the long run. D. a decrease in price, a decrease in quantity, and a decrease in profit in the long run.