A client in the 28 percent marginal tax bracket is comparing a municipal bond that offers a 5.4 percent yield to maturity and a similar risk corporate bond that offers a 7.15 percent yield. Which bond will give the client more profit after taxes

Corporate bond will have more profit

Explanation:

The various calculations of municipal bond and corporate bond are as follows

After tax yield of municipal bond = 0.054 (1 - 0.28)

After tax yield of municipal bond = 0.0389 or 3.89%

After tax yield of corporate bond = 0.0715 (1 - 0.28)

After tax yield of corporate bond = 0.0515 or 6.15%

Thus, Corporate bond will have more profit

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.