Helena is looking for an advisor who can guide her as she invests. she also wants to reduce transaction and trading costs. her goal is to achieve a 8% return in one year so that she can buy a house. which advisor is the most appropriate for her?
a)mr. khan, who doesn’t have any client reviews and charges low fees
b)ms. brown, who has average client reviews and charges high fees
c)ms. williams, who has mixed client reviews and charges low fees
d)mr. jones, who has positive client reviews and charges moderate fees
e)mr. moore, who has mixed client reviews and charges moderate fees

answer; dogs;

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.