Zach and bridget got married, bought a home for $305,000, and lived in it for 6 years. the couple got divorced 4 years ago, and bridget received title to the home in the divorce settlement. she continued to live in the home until she sold it this year for $590,000. zach had used one room in the home as a qualified home office for the purpose of running his schedule c business. he used the regular method to calculate his home office deduction and correctly deducted a total of $8,500 depreciation on their mfj returns. bridget, who did not remarry, used zach's old home office as a guest bedroom after the divorce. bridget paid relator commissions of $16,400 when she sold the property.

describe any tax consequences when home ownership transferred to bridget upon divorce. calculate bridget's realized gain or loss and recognized gain or loss on the sale of their home.

answer; i believe both technician (a) and (b) are correct; /// good luck

answer/// real gdp decreases to y3 and the price level falls to p3;

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.