M.62 athletic apparel is trying to determine how to manage their stock of t-shirts. for one particular size and color they have an average daily demand of 20 shirts, but it varies by about 3 shirts per day. their lead time for receiving new t-shirts is 4 days. they are striving for a 87% service level. what should be their safety stock for this particular t-shirt? (display your answer to two decimal places.) 30.13 what should be their reorder point for this particular shirt? (display your answer to two decimal places.) 82.60

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;

answer///ability to capture the attention of users;

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.