Jan 5, 2004

The Mars rover Spirit is sending pictures to earth.

Sites to Visit for More Information:

  • NASA
  • Resources for Economists on the Internet
  • Questions:

    1. Why did NASA send the explorer to Mars?
    2. Would a private firm ever send an explorer into space? Why or why not?
    3. Explain how the marginal benefit curve for the Mars rover is derived.
    4. Is the market for space exploration efficient? Why or why not?
    5. Do you think NASA should send manned flights to Mars? Why or why not?

    Chapters: 2, 33

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