1. In the 1937 lm Wall Street, a corporate raider named Gordon Gekko gives a speech to a group of stockholders. Read the following excerpt from his speech and answer the questions. "The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated...greed, for lack of a better word, is good. Greed is right. Greed works. Greed claries, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms, greed for life, for money, for love, knowledge, has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA." a. Economically speaking, do you think that the idea of survival of the ttest is the best way to create an \"evolutionary spirit"? b. Explain your reasoning. What are the advantages of an economy that revolves around the idea of survival of the ttest? c. What are the disadvantages of an economy that revolves around the idea of survival of the ttest? d. When, if ever, can greed be considered good? Support your conclusion with a specic example. e. Adam Smith said, \"The real tragedy of the poor is the poverty of their aspirations.\" Do you think that Gordon Gekko would agree or disagree with this statement? Explain