Tropicana orange juice has a television commercial where a young boy is drinking orange juice at dinner. he remarks that he likes the great taste of tropicana anytime. the element of the commercial that focuses on drinking orange juice at dinner would be best classified as while the focus on the great taste of tropicana would be best classified as
a. comparative advertising; informative advertisingb. pioneer advertising; competitive advertisingc. institutional advertising; stimulating primary demandd. product advertising; institutionale. comparative advertising; competitive advertising

answer; read and consider the content of the items;

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.