$1.$ How does an entrepreneur decide whether to supply a good? Will entrepreneurs continue to supply a good or service if consumers are unwilling to pay a price sufficient to cover the per$-$unit cost?

$2.$ How will a consumer decide whether to purchase a good? When a consumer purchases a good, what does this reveal?

$3.$ Incentives matter. Explain why businesses and entrepreneurs are more likely to voluntarily undertake the projects that consumers value highly relative to price and less likely to undertake the government$-$sponsored projects in which the per$-$unit cost of production is above the price consumers willingly pay.

$4.$ What is a "middleman?" Provide one example not mentioned in the text. Do middlemen perform valuable services? Why or why not?

$5.$ Why do people engage in trade? If one trading partner gains must the others involved in the transaction lose an equal amount? Why or why not?

$6$ 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.

Only awnsers pkease!