1. Jim Kobelsky has been a grain farmer in Saskatchewan for 25 years and focuses his production on canola. Why would Jim be classified as a "prioe taker\" in his industry? Explain the market power he would hold in the canola industry after all these years. [2 Marks} 2. After many years oftrying out different ideas, you decide to start a business making metal fire pits for your friends\" and neighbours\" backyards. Identify below the economies of scale EDS statements and the diseconomies of scale DDS as your operation continues to expand in this growing market. {5 Marks] As you increase production your workers are increasingly receiying improper instruction from multiple supervisors on telling them which projects are the next in terms of importance. then the employees must speak with higher Ieyels of management to address these multiple requests. You have found that some of your leftoyer supplies can be used by your spouse for a complementary product to your fire pits. As you increase your production your workers get more comfortable with the equipment and complex processing skills that are required of them in the manufacturing process. You don't have time to make all of your employees' birthday cakes like you used to. They miss this and nd it demotiyational. As you grow, you hate access to yolume discounts on metal for your re pits, expanding your profit margin