Siya and Naomi started planning their business, Dila Hoya Lodge. They are planning to open 1 December 2020.
They are both looking forward to opportunities that the upcoming holiday season will
present to their business.
The following is a summary of their start up activities:
Siya and Naomi both bought furniture, cutlery, bedding and curtains after
application for license (3 weeks).
Siya arranged for security for the business (during the 1st week).
.
During the first two weeks Siya applied for a business license with the
municipality
Siya and Naomi were both fully involved in recruiting of staff, Week 5 (2 weeks)
.
Marketing of the business (2 weeks prior to opening) ( Outsourced to Cool
Marketing Consultancy)
ACTIVITY
WEEK 1
WEEK 2
WEEK 3
WEEK 4
WEEK 5
WEEK 6
RESPONSI
BILITY

c is the answer, and do you have a ps4?

wheres the chart? so i can answer.

answer makes less frequent trips to the bank and firms make less frequent price changes;

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.