3 Roger has selected wool insulation for a client's home. While explaining how the wool insulation will keep the home warm, what is Roger MOST
LIKELY to say?
A. the wool is wrapped around the outside of the house like a sweater
B. the wool traps pockets of air which reduces airflow between the house and the outdoors
C. the wool is visible in most of the main rooms to lend the home a cozy hygge vibe
D. the wool is breathable which allows lots of ventilation and airflow between the inside and outside of the home

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.)