14. Based on the Bakeoff reading, what was the basis of the winning team’s insight that resulted in its creative/winning solution (choose only one answer): Note your answers on scratch paper in case your browser or internet crashes. A. use a hierarchical or traditional product development approach including customer surveys and product iteration B. use an open-source approach to maximize the number of distinct/good ideas generated C. use lateral thinking, applying a solution from one domain to another D. use design thinking methods E. maximize an existing product by using best-in-class inputs

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

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.