Discussion Questions

Assuming you are the chief executive officer (CEO) of Wal-Mart, describe a situation in which you would use marginal analysis to make a business decision.

In creating your response, consider the following questions: What type of business decision would you make? How would you determine the marginal benefit and marginal cost of the decision? To what extent would you factor the opportunity cost of your decision? And what types of trade-offs would you likely face when you make your decision?

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discussion questions

discussion questions.

1.To continue using oil at the current rate, some analysts warn that we must discover and add to global oil reserves the equivalent of two new Saudi Arabian supplies every 10 years. Do you think this is possible? If not, what effects might the failure to find such supplies have on your life and on the lives of any children and grandchildren that you might have?
2.Workers in a number of industries are exposed to higher levels of various toxic substances than the general public. Should we reduce workplace levels allowed for such chemicals? What economic effects might this have?
3.Provide examples of the ways in which a U.S. advertiser is subject to more and less regulation when advertising abroad.
4.Explain the differences among the three main theories of compensation for government takings of foreign-owned properties. Provide an example.
 
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discussion questions

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