Businesses in Victoria downtown core are facing uncertain futures and some may not survive past this year 2021. Many retailers are small businesses not only ave to compete for business with big box stores and services like Amazon, but they also must combat the effects of COVID-19. The Downtown Victoria Busines Association is partnering with three local delivery companies and provides a new "Downtown Delivers" service to encourage local shopping during the pandemic. Il local retail shops located within the downtown core are eligible to participate in this free delivery service to their customers across Greater Victoria, even to ommunities like Sooke and Sidney. ) Under what conditions would the retail shops stay on business, and under which conditions would they shutdown the businesses completely for good? What ould happen to the retail businesses in the long run? plain in your own words using appropriate microeconomic concepts learned in the second half of this course. You MUST support (justify) your guments using appropriate microeconomic theories learned in the second half of the course to receive marks. 2.5 marks] What would be the problem if the Downtown Victoria Business Association implement this free delivery service to customers? Please explain. ain in your own words using appropriate microeconomic concepts learned in the second half of this course. You MUST support (justify)_your ments using appropriate microeconomic theories learned in the second half of the course to receive marks. marks] If the Downtown Victoria Business Association instead of providing the free delivery service, businesses could charge ent delivery prices depending on the delivery location indicated in the scenario. Why and how the association can imple plan? II Examity Proctoring is sharing your screen. Stop sharing Hide in all concepts learned in the second half of this course. You M