Operate business and make profit

Assignment Help Business Economics

Reference no: EM13851309

1. George and Ellen operate a business and make a profit. Is this good or bad? Would it have been better if they had made a loss? Explain.

2. How do people earn income? If you purse a career and become incredibly rich, have you done so at the expense of others? Explain.

3. If ethanol subsidies expand employment in corn farming will this increase overall employment and income? Explain.

Reference no: EM13851309

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