Each of four siblings (Anita, Tony, Maria, and Jose) is given $5,000 to invest in the stock market. Each chooses a different stock. One chooses a utility stock, another an automotive stock, another a technology stock, and the other an oil stock. From the following clues, determine which sibling bought which stock. Anita and the owner of the utility stock purchased their shares through an online brokerage, whereas Tony and the owner of the automotive stock did not. The gain in value of Maria's stock is twice the gain in value of the automotive stock. The technology stock is traded on NASDAQ, whereas the stock that Tony bought is traded on the New York Stock Exchange.

answer; post closing trial balance;

answer; proclamation of 1763;

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.