Your organization hires a consultant to analyze its decision-making practices, and the consultant determines that most decisions are made according to the administrative model. what does this tell you about decisions at your organization? (a) managers usually seek out the best possible solution to problems (b) decisions are not constrained by limitations of human ability, information, or resources (c) the soundness of decisions is often limited because managers are unaware of problems or opportunities that exist in the organization (d) before making a decision, managers usually have clear criteria in mind to evaluate alternatives.

answer; ///blank(1) 75%; blank(2) 40%;

answerreactive approach;

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;

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.