Want to quickly understand the basics of running a business? Then studying your neighborhood lemonade stand is a great place to start. From supply and demand, to pricing, marketing and the costs of labor and supplies, lemonade stands provide a fundamental, albeit simple, way of understanding how hard it is to make a buck, and how much harder it is when the government takes its cut.
By Matt Lamb, Guest ContributorOriginally published in The College FixLoyola newspaper editors want you to know they are sensitive to the feelings of illegal immigrants who are accused...
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