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