season tickets for the dingos are priced at $320 and include 16 home games. an equal amount of revenue is recognized after each game is played. when the season began, the amount credited to unearned ticket revenue was $1,728,000. by the end of october, $1,188,000 of the unearned ticket revenue had been recognized as revenue.

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answer; ///blank(1); dealers; blank(2); brokers;

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.