Select all of the statements that correctly describe a beneficial use of the service- process matrix.
Identifies quadrants that aren't currently being used.
Tells you which service process quadrant you should use.
Prioritizes service process quadrants from least to most efficient.
Suggests opportunities to adapt good ideas from other industries that have key
similarities to your business.
Facilitates consideration of how your competitive priorities can differentiate the
positioning of your service process from those of your competitors.

answer: life insurance

explanation:

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.