Richard Starkey is a headhunter with Taxman Company in Boca Raton, Florida. A key to Taxman's success is its accounting information system and, in particular, its list of employers and clients. The company prides itself on providing a good match between employers and clients, but does have repeats if a particular job placement does not work out. Each employer is identified by a tax identification number and each client by a social security number. These two tables should be related by:.

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.