Hartley's Meat Pies is considering replacing its existing delivery van with a new one. The new van can offer considerable savings in operating costs. Information about the existing van and the new van follow: Existing van New van Original cost $ 50 comma 000 $ 99 comma 000 Annual operating cost $ 21 comma 500 $ 12 comma 000 Accumulated depreciation $ 32 comma 000 long dash Current salvage value of the existing van $ 22 comma 500 long dash Remaining life 8 years 8 years Salvage value in 8 years $ 0 $ 0 Annual depreciation $ 2 comma 250 $ 12 comma 375 If Hartley's Meat Pies replaces the existing delivery van with the new one, over the next 8 years operating income will .

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;

answer; windows embedded;

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.