Cardco Inc. has an annual accounting period that ends on December 31. During the current year a depreciable asset that cost $44,500 was purchased on September 2. The asset has a $4,500 estimated salvage value. The company uses straight-line depreciation and expects the asset to have a four-year life. What is the total depreciation expense for the current year

answeraggressive behavior tactics include all of the above;

for storing the moneys

answer loneliness;

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.