To settle the dispute, you need to ensure that both owners understand the primary differences between consumer transactions and business transactions. as you work on your explanation, you reflect on the characteristics that make business transactions different than consumer transactions. how would you describe the demand for business products?

answer///video, because samuel can show his work in real time and be better understood;

answer loneliness;

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.