You manage a project with 10 activities. Activities A1, A3, A5, A9 form the critical path. As you have a large budget for the project, you are considering crashing activity A2, which has the potential to shorten the time of A2 by 3 days What do you think about this opportunity?

a. A sood idea, it will reduce the rojet duation by 3 days
b. A bad idea, as A2 is not on the critical path

answer; /// the above statement is (false);

answermarketing metrics;

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.