Zach recently got his ph. d. in analytical chemistry and was fortunate to be asked to join the weilman lab at a prestigious eastern university. after a month on the job, he remarked to another graduate student at his former university that the spirit of and cooperation at the weilman lab was remarkable. he enjoyed going to work each day and sometimes exchanged calls with other lab partners in the evening with ideas to improve each other's experiments. zach remarked, "now i know why this lab is considered one of the best in the nation! " zach is referring to: a. the formal organization. b. the inverted organization. c. the balanced organization. d. the organizational culture.

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself

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.