Which of the following are short run (SR) and which are long run (LR) adjustments to a rm? Use (1) for SR and (2) for LR. A dress shirt manufacturer orders 10 spools of fabric. A company makes a $30 million investment in a new transportation delivery 1_ SR system. A rancher buys hay for his cows. Canadian Tire plans an expansion of 34 new stores. Question 13 (2 points) Discuss the market power of a Saskatchewan farmer in the Canadian agriculture industry. Why is she called a \"price taker"? Match the following businesses with their most appropriate market structure. Apple Corporation 1. Perfect Competition I Strawberry Producer 2- Monopoly Second CUP Coffee 3. Monopolistic Competition Company 4. Oligopoly Ontario Hydro Based on your selections above, explain the difference in the barriers to entry between the oligopolistic rm that you identied, and the monopolistically competitive rm you identied. Be sure to use the companies above as you discuss their unique barriers. Which of the following would be considered a fixed cost (FC) or a variable cost (VC) for a firm in the short run? Use (1) for FC and (2) for VC. Covid-19 PPE supplies for a small retail business. A company's delivery truck insurance through SGI. 1. FC A new 3,000 square foot warehouse for a trailer manufacturer. 2. VC Three hourly paid employees working in the Saskatoon Berry Farm operation. Question 10 (2 points) Governments traditionally regulate utilities in their provinces to operate as monopolies. Why do they create this type of market structure? X