You opened a u. s. bank's standard savings account in january of this year with a 3% annual interest rate but there is a monthly maintenance fee of $4, which you can get waived if you keep a $300 minimum daily balance. if you can only keep up a $250 minimum balance, are you making money or losing money in the account?

answer; (covenant); good luck

b is the correct answer

what is the actual question i have no idea how to answer this w/o a question

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.