Write out the sample space for the given experiment. Use the following letters to indicate each choice: O for olives, G for garbanzo beans, P for pepperoni, S for shrimp, R for ranch, and I for Italian. When deciding what you want to put into a salad for dinner at a restaurant, you will choose one of the following extra toppings: olives, garbanzo beans. Also, you will add one of following meats: pepperoni, shrimp. Lastly, you will decide on one of the following dressings: ranch, Italian.

decentralization can the employees to get more involved in the business decision making

answercompetitive advantage;

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.