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Listen to Playing God Podcast linked below, and answer a couple of questions.

Date Posted: 02/10/2020
Category: Economics
Due Date: 04/10/2020
Instruction
Questions 1-7 answer in a numbered format and then the essay separately 1.Briefly describe 4 main events or episodes that were discussed in this podcast. 2.Please define the following terms: -Scarcity -Tradeoffs -Opportunity Cost -Allocation of resources -Three fundamental questions: 1. What is produced; 2. Who produces it; 3. Who gets it -Rationing mechanisms -Fairness 3.What is the relationship between triage and rationing? 4.Pick a term that you defined above that you think most clearly applies and is most clearly related to the podcast. Why? Be as precise as possible and provide clear examples. 5.What was the second most important term discussed in the podcast? Be as precise as possible and provide clear examples. 6. Sketch a Production Possibilities Frontier in order to explain one concept discussed in the podcast. 7. How would a market system solve these extreme issues of scarcity? 8. Finally, take all the work above and knit it into one coherent essay that has an introduction, main body, and conclusion. In the introduction you should first briefly summarize the podcast. In the main body you should talk about the two terms above and the production possibilities frontier and connect them to the podcast. Finally, provide an overall conclusion. http://www.radiolab.org/story/playing-god/ (Links to an external site.)
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