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Economics - Accurate Essays

Economics

Listen to the podcast episode “The Science of Hoops” from the NPR show The Indicator from Planet Money, available at this link: https://www.npr.org/2020/09/11/911898347/the-science-of-hoops

This episode discusses the rise in popularity of the three-point shot in basketball. Use concepts that we have learned in Econ 120 this semester how an economist would explain why the three-point shot has become so popular, and why almost all players can shoot three-pointers these days whereas earlier this used to be something only a few players can do. Note that to get full credit the response should not repeat the explanation given in the podcast but needs to tie the ideas to concepts we have learned in Econ 120 this semester.

Q1) How would an economist explain why the three-point shot has become so popular? Limit your answer to 3-4 sentences (this form allows a maximum of 700 characters with no spaces). *

Q2) How would an economist explain why almost all players can shoot three-pointers these days whereas earlier this used to be something only a few players can do. Limit your answer to 3-4 sentences (this form allows a maximum of 700 characters with no spaces). *


make sure to mark each question

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