Economics CC 2 Sec ON 1 Week 3 Discussion

Economics CC 2 Sec ON 1 Week 3 Discussion | chatbot las positas  community college

3.5 Discussion: Scarcity and Opportunity Costs

Discussion Topics:

As the COVID-19 pandemic progresses, we are seeing dramatic increases in the number of COVID-19 patients in many communities. If you were a supervisor in charge of medical resources allocation in a local hospital, what method will you use in allocating scarce medical resources during an emergency? [Say, Should it be "first-come, first-served"? Should it be based on patients' ability to pay? Should it be based on expected outcome? and etc.] What is the Opportunity Cost of your decision on medical resources allocation?

Share your thoughts.

Make your initial posting by 11:59 PM Pacific time on Monday, September 6. 100 words minimum.

Respond to at least 2 classmates (with text or video). 50 words minimum. Responses may include describing your own life experience or other real-world situation related to the post, adding additional information from assigned content or outside content, disagreeing respectfully by describing your own interpretation, proposing a new idea, or asking a probing question.

Late penalties are 2% per day (including weekends and holidays). For example, for a discussion that is worth 5 points, if you turn in one day then you would be deducted 0.10 points; if you turn in two days late then you would be deducted 0.20 points; and etc.