Cold duck airlines flies between tacoma and portland. the company leases planes on a year-long contract at a cost that averages $600 per flight. other costs (fuel, flight attendants, etc.) amount to $550 per flight. currently, cold duck's revenues are $1,000 per flight. all prices and costs are expected to continue at their present levels. if it wants to maximize profit, cold duck airlines should:

so i don't know what video you're talking about, but here's some stuff steve jobs gave as advice.

- love what you do.

- the worst thing that could happen might turn out to be the best thing that could happen.

- follow your heart and trust it knows where it's going.

if you do not file your taxes you will not have a job, and you credit rate will go down.

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.

answer; the correct answer is (enforcement of regulations;