Explain how the market for opticians is affected as a result of the development of laser technology which reduces the demand for glasses and contact lenses
In your explanation be sure to show the connection between the market for glasses and contact lenses and the market for opticians.
Opticians are trained professionals who fit people with glasses and contact lenses. If the demand for glasses and contact lenses falls because more customers switch to laser eye correction, the demand for opticians, which derives from the demand for glasses and contact lenses, will also fall.
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A. structural policy; fiscal policy B. normative; positive C. positive; normative D. monetary policy; fiscal policy
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