Referring to the concept of an "invisible hand" allocating resources across industries in response to economic profits and losses. 1. Give an example of an industry that has been growing in response to economic profits. shrinking in response to economic losses. going bankrupt, they often go to the industry received tens of billions from plummeted as a result of the warranted or not? What does it depend on? 2. Give an example of an industry that has been 3. When large firms/industries suffer economic losses and are at risk of government for help in the form of loans or even bailouts (e.g. the airline the government in mid-2020 to keep them afloat when passenger travel pandemic). Do you think government support for failing businesses is generally