Barry’s Graphic Arts Studio sponsors a qualified profit sharing plan. The plan requires employees to complete one year of service and be 21 years old before entering the plan. The plan has two entrance dates per year, January 1st and July 1st. Assuming that today is December 15, 2021 and the Studio has the following employee information, which of the following statements is correct? EMPLOYEE AGE START DATE

Barry 35 1/1/2015
Del 34 8/1/2015
Karen 24 6/1/2016
Jenn 18 5/1/2015

a. Two people have entered the plan.
b. The qualified plan must provide participants with 100% vesting upon entering the plan because of the eligibility requirements of the plan.
c. Del has not yet entered the plan.
d. Jenn entered the plan on July 1, 2021.

mauve company permits employees to occasionally use the copying machine for personal purposes

answer target market;

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.