When attempting to build ethical safeguards into the company, businesses can take the following specific approaches:

a. Institutional and Legal.
b. Legal and Practical.
c. Compliance and Integrity.
d. Value-based and Consequentialism.

Legal and Practical

Explanation:

To protect and build ethical safeguards it is important to establish and implement legal and practical approaches. They are important for the long-term sustainability of a company and they provide necessary options to build ethical safeguards. More importantly, they help to protect company's interest and also protect the rights of shareholders and consumers. Practical approach is key to established business efficiency.

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.

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.