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:
a) 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?
b) Describe a choice you made at some point in your life, and explain it in terms of marginal benefits and marginal costs.
c) Can you think of a time in your life when comparing marginal benefits and marginal costs would have been inappropriate?
MUST BE IN YOUR OWN WORDS AND IT WILL BE RAN THROUGH TURNITIN FOR PLAGIARISM.
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