In 2002, Pat Tillman turned down a contract offer of $ 3.6 million over 3 years from the Arizona Cardinals to enlist in the U. S. Army in the wake of the September 11 attacks on the United States. Tillman was killed by friendly fire in Afghanistan in 2004. From an economic perspective, did Tillman make a rational decision by not signing with the Cardinals in 2002? Explain.
Answer to relevant QuestionsBy any absolute or relative measure, mail order and online shopping has increased dramatically over the past few decaders. Explain why this might be the case on account of the growth of two- wage- earner families. A demand curve is drawn holding “other things constant.” What does the “other things constant” provision mean, and why is it important to a correct interpretation of the law of demand?In a recent year, close to 30 percent of all flights into and out of New York City’s John F. Kennedy International Airport experienced delays. Explain how this phenomenon is related to a federal decision to remove the ...With the per-unit prices of broccoli (B) and pork rinds (R) equal to $ 2 and $ 1, a consumer, George, with an income of $1,000 purchases 400R and 300B. At that point, the consumer’s MRSBR = 2R / 1B. Does this mean that ...Suppose that Thurston, a color- blind consumer, has $ 80 to spend on either pink or lime- green sweaters. Thurston does not care what color sweater he wears but deems it very important to buy as many sweaters as possible ...
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