Last year Carlito Olmstead drove 142,400 miles in the delivery van that he purchased 4 years ago for $22,565.00. It is now worth $10,320.00. His variable costs this year were gasoline $28,365.21, oil and filters $598.10, a set of tires $897.60, battery $85.95, and maintenance $1,256.54. His insurance cost $2,884.26, registration was $159.65, and loan interest was $658.93. What was the cost per mile for him to operate his van?

answer; manager working long hours; plz check i believe this is correct good luck;

answerstop plates; security tracking of office property

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.