Assuming clear vision can achieve economies of scale by being the only firm in the industry, wat type of market is CLEAR VISION operating in?Answer

  1. Assuming clear vision can achieve economies of scale by being the only firm in the industry, wat type of market is CLEAR VISION operating in?Answer
  2. John Gardener is the city planner in a med size company.Answer
  3. what price and quantity would be expected if the firm is allowed to operate completely unregulated?
  4. john has asked you to recommend a price and quantity that would be socially efficient. Recommend a price and quantity to John using economic theory to justify your answer.
  5. what type of market is Sarah operating in?
  6. what is the optimal level of output for Sarah and how much profit does she make at this level?
  7. if the minimum wage increases, such as wage per labor hour rises to $7.50, what happens to Sarah optimal level of output and profits?
  8. is there room for a mutually beneficial, voluntary exchange?
  9. if trade takes place! can you explain the terms of trade?