Question
3). Wal Mart Questions a). Discuss and analyze the pros and cons of Wal Mart from a microeconomic perspective.Use a few graphs and if you'd
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3). Wal Mart Questions
a). Discuss and analyze the pros and cons of Wal Mart from a microeconomic perspective.Use a few graphs and if you'd like choose a side, 1) Wal Mart has done more harm across time or 2) more good across time for the US economy.
b). Wal Mart has decided to become voluntarily "green" and voluntarily "healthy" or at least more environmentally and health foodfriendly in their production and other economic actions. The have also volunteered to hire over 100,000 US Veterans over the next few years. They have taken on these policies with no government rule or law forcing them to change.
Explain this decision based on your knowledge of firm behavior from microeconomics.
c). Just last week, Wal Mart announced a pay increase for 425,000 of its 1.5 million US employees to $15 per hour. The did this without a minimum wage necessitating the increase. (note, companies such as Target and Costco already pay all of their workers $15 per hour.)
Discuss at least two reasons for why Wal Mart might have taken this action?
4).A company doing well + A company struggling since March 2020
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