4. Mrs. Molnar thinks that her balance sheet might show a profit instead of a loss if she discharged one of her full-time clerks and hired no replacement. Would that be a good idea? Why?

5. If national governments had not granted Spanos patents, would he probably have made much profit? In what other ways might a private enterprise like Spanos's be helped by governments?

6. What will happen when the time period on Spanos's patent runs out? Will he still be able to charge what he is charging now for his products?

7. Do you think it fair that George Spanos should make so big a profit in addition to his return on his invest- ment, his wage of management, etc.? Why or why not?