What costs and benefits were relevant to tom hanks character

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Reference no: EM133554450

Discussion Post: Economics

After watching the video clip from Saving Private Ryan, what were the marginal benefits and marginal costs of the mission to save Private Ryan? Make sure to consider both the explicit and implicit costs involved. Answer the following questions:

Question I. What costs and benefits were relevant to Tom Hanks' character when considering the choice between "the mission and the man?" In his mind, could he rationalize whether the marginal benefits outweighed the marginal costs?

Question II. Describe a choice you made at some point in your life, and explain it in terms of marginal benefits and marginal costs.

Question III. Can you think of a time in your life when comparing marginal benefits and marginal costs would have been inappropriate?

Reference no: EM133554450

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