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Economic Thinking

Question # 00000138
Subject: Economics
Due on: 07/31/2013
Posted On: 07/19/2013 08:52 PM
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As prices increase, should health economists advocate giving something up (opportunity costs/trade-offs)? As the quantity of health services provided goes up, does the benefit of each additional unit of service become smaller (marginal analysis)? Discuss the issue of health care in the context of the following microeconomic concepts: Marginal analysis Trade-offs Opportunity costs Normative versus positive economics Should this decision be made in a centrally planned economy or a market economy? Is health care a macroeconomic or microeconomic issue? How would this affect production efficiency?
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Economic Thinking

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Posted On: 07/27/2013 03:52 AM
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Tutorial Preview …service xxxxxx xxxxxxx xxxxxxxxx xxxxxxxxxxx Marginal xxxxxxxx gives x xxxxx idea xxxxx xxxxxxxxxxxx and xxxxxxxx that a xxxxxxx might xxxx xx accordance xx xxx different xxxxxxxx xxxxxxxxxxx xxxxxxxxx xx xxxxxxxx…
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intro_to_economic_thinking.docx (13.42 KB)
Preview: this xxxxxxxx be xxxx in a xxxxxxxxx planned economy xx a xxxxxx xxxxxxxxxx  Values xxx opinions form xxx basis of xxxxxxxxx economics xxxxx xx can xxxx be said xx the method of xxxxxxxx and xxxxxxxxx xx it xx subjective it xxxxx be proved xx disapproved xx xxx contrary xxxxxxxx economics mainly xx objective and xxxx based xx xxxxx with xxx real situations of xxxx and takes xx account xxx xxxxxxxxxxxxxxxx cause-effect xxxxxxxxxxxxxxxx Is health xxxx a macroeconomic xx microeconomic xxxxxxxx xxxxxxxx care xxx be stated xx both micro xxxxxxxx or xxxxxxxxxxxxx xxxxx with xxxxxxx to the perspective xxxx which it xx viewed xxxx xxxxxx Care xxx be considered xx a macro xxxxxxxxxxxxxxx when xxx xxxxxx care xx.....
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