Firm X a U. S. based exporter that exclusively sells its products in Great Britain. Firm X, expects to sell 15,000 units at a price of GBP 10.00 per unit. Firm X currently produces in Newport News, VA and Blackpool (Great Britain) has a variable production cost of GBP 6.00 per unit, and total fixed costs of USD 60,000. What is the new FX operating exposure after operational hedging (variable cost in GBP)

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;

answercombination of ability and experience of the partners;

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.