Opportunity Cost – Iraq for Sale: The War Profiteers

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Question

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AU Opportunity Cost Questions

The Assignment:

Watch the documentary “Iraq for Sale: The War Profiteers” online at:

http://fod.infobase.com.proxyau.wrlc.org/p_ViewVideo.aspx?xtid=93965Links to an external site.

Answer the following questions: 

1.What is the opportunity cost (to the USA) of deploying private military contractors in Iraq? (1 page limit minus references)

2. Apply one of the following concepts to America’s use of private military contractors in Iraq:

  • (1) Diminishing Returns to Factor 

(2) Diminishing Returns to Scale 

 

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