Knowing the potential negative effects, would a “rational” person ever choose to become obese. Draw an isoquant (see Chapters 2 and 6) for medical inputs and other inputs in the production of a given...



Knowing the potential negative effects, would a “rational”


person ever choose to become obese.



Draw an isoquant (see Chapters 2 and 6) for medical inputs


and other inputs in the production of a given amount of


health investment. What does the isoquant mean? How


would the isoquant look if substitution was limited? If a


high degree of substitution was possible?



May 26, 2022
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