Filer Manufacturing has 7,598,818 shares of common stock outstanding. The current share price is $67.53, and the book value per share is $7.79. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $69,212,502, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $70,677,427, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par. The most recent dividend was $2.15 and the dividend growth rate is 0.05. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 0.4. What is Filer's aftertax cost of debt

answer; ///hong kong;

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.