At the end of 2018, murray state lenders had a balance in its allowance for uncollectible accounts of $4,500 (debit) before any adjustment. the company estimated its future uncollectible accounts to be $12,000 using the percentage-of-receivables method. murray state's adjustment on december 31, 2018, to record its estimated uncollectible accounts included a: a. credit to allowance for uncollectible accounts of $12,000. b. debit to bad debt expense of $16,500. c. credit to allowance for uncollectible accounts of $16,500. d. debit to bad debt expense of $16,500; credit to allowance for uncollectible accounts of $16,500.

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;

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.