Ahealth inspector wants to check compliance with a new city ordinance on meat storage. since he can only inspect 10 of the 33 stores, he chooses to do a stratified random sample that consists of all 3 of the large chain stores, 4 of the 10 smaller chain stores, and 3 of the 20 locally-owned stores. from his inspection he finds that 2 of the 3 large chain stores are compliant, 1 of the 4 smaller chain stores is compliant, and 1 of the 3 locally-owned chain stores is compliant. using the sample results, estimate the proportion of the entire population of stores that is compliant with the ordinance. a.0.121 b.0.4 c.0.6 d.0.879

hi there, i would say your answer is:

b. there is a fixed quantity of resources and technology available.

hope that : )

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.