Your grandparents started a savings account in 1999. The first two deposits of $100 were made on January 1, 1999 and July 1, 1999. At that time the savings account was paying 10%, compounded semiannually. On January 1, 2000 the bank increased the interest rate paid on savings accounts to 12%, compounded annually. The third deposit of $100 was made on April 1, 2000. The plan was to take the accumulated savings out on January 1, 2001 and re-invest them in the stock market. How much was available for reinvestment

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

answer; ///hong kong;

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.