Which of the following statements is true of the North American Industry Classification System (NAICS)? Each classification is relatively heterogeneous in terms of raw material required, components used, and manufacturing processes employed. The geographic dispersion of firms cannot be identified with the help of NAICS. The more digits in an NAICS code, the more homogeneous the group. The system developed jointly by United states, Russia, and Mexico, provides a common industry classification system .

answer; avoid combining alcohol and

ok this has nothing to do with business

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation:

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.