Prompt Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In at least two to three
paragraphs, write an analysis of these opportunities that answers the following questions. What are the true risks of each investment,
and do the companies accurately describe these risks? What are the potential returns of each investment, and do the companies
accurately describe these returns? Based on the evidence available to you, which investment opportunity is more likely to be
fraudulent?

answer; post closing trial balance;

answer(d) all of the choices are correct;

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.