1a) Currently firms are experiencing rising costs in the price of fuel. Use the "Economic Model of a firm" to clearly/explicit explain the effect on financial performance of a firm (e.g profit)

1b)Consider a major league baseball team such as the Houston Astros. Suppose Major League Baseball significantly increases restrictions on the ability of major league players to switch teams in the free agent markets. "Use the Economic Model of a firm" to clearly/explicit explain the effect on financial performance of the Astros.