The Norton group, a manufacturer of toiletries and cleaning products, uses the name SpakleX, for most of its products in all of their international markets. The name has created a universal appeal for its products as customers identify their produces with their name..Hence, SparkleX can be regarded as a

Global brand

Explanation:

A global brand is a particular product or service that is recognized all over the world, hence global. Brand in itself is defined as a name, sign, symbol, logo, mark and so on that a company gives a product on order to differentiate it from other product in the market. It is used in creating a image for the product used in identifying the product and differentiating it from competitors product. In this case, SparkleX has become a global brand name making it recognizable and easily identifiable from other products in the market. It has huge advantages as the products now becomes and international brand name.

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.