In the Month of June, a department had 21100 units in beginning work in process that were 75% complete. During June, 89600 units were transferred into production from another department. At the end of June there were 10800 units in ending work in process that 35% complete/ Materials are added at the beginning of the process, while conversion costs are incurred uniformly through the process. The equivalent units of production for conversion costs for June were

what is wrong with black soap shampoo?

explanation:

answer(d) all of the choices are correct;

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.