Week 5: ECON 330 Ethanol Subsidies Corny Economics?
Week 5: ECON 330 Ethanol Subsidies Corny Economics?
Week 5: ECON 330 Ethanol Subsidies Corny Economics?
Please note that if you edit your initial response (original post), you will not get credit for the original post. The discussions are set up as “Must post first.”
Graded Discussion Week 5: Ethanol Subsidies—Corny Economics?
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Read the case Ethanol Subsidies: Corny Economics?
Answer all of the following questions in your initial response to the topic:
Why is it that ethanol subsidies became the preferred way to deal with the problems faced at the time they were created?
What kinds of complications have resulted from the political compromise discussed in the case?
Has ethanol production been a net benefit or disadvantage, all things considered?
Reflection: Include a paragraph in the initial response in your own words using microeconomics terminology, reflecting specifically on what you learned from the assignment and how you think you could apply what you learned in the workplace or everyday life.
Your answers should be written in your own words. Don’t use quotes from the articles.
You are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates as well as to your instructor.
