Despite being known for a decade to recruit most of its automobile mechanics from Main Street Technical School and like schools, this year Ace Motor Company recruited a significantly lesser number of automobile mechanics from these schools, and recruited a significantly greater number of automobile mechanics who did not do any qualifying course at a formal technical school. Which of the following best resolves the discrepancy reflected in this year's recruiting policy of Ace Motor Company?
A. Three years back, Ace Motor Company had a major restructuring in its production department.
B. One of the reputed automobile industry magazines ranked Downhill Technical School ahead of Main Street Technical School.
C. Ace Motor Company opened its in-house technical training school to train newly recruited automobile mechanics.
D. The salary gap between the recruits who did a qualifying course from a formal technical school and those who did not is narrowing.
E. The automobile mechanics who do not do a qualifying course from a formal technical School have always been talented but they could not afford the fee for such a course.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answerblank(1) negatively.blank(2); rises; blank(3) falls;

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.