Cost data and demand data for a company's best-selling product are given in the tables below. Find linear regression models for cost and demand and then use them to find the number of items that must be sold to break even on that product. Round your answer to the nearest unit.

Quantity Produced 1,000 2,000 3,000 4,000
Total Cost $16,300 $21,400 $24,100 $26,300
Quantity Demanded 1,000 2,000 3,000 4,000
Price in Dollars $9.05 $8.70 $8.35 $8.00

a. 22,564
b. 8,757
c. 0
d. 42,486
e. 2,665
f. None of the above.

answerthat 50% of all cases go to trial;

answerall of the above;

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.