Jerry is the marketing manager for a small Internet design and advertising firm. Jerry’s boss asks him to develop a data set containing information about Internet users. The company will use this data to determine what kinds of people are using the Internet and how the firm may be able to market their services to this group of users?

the answer is: guns or butter

hope i

-lavira : )

a. money supply  

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answer///parietal;

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.