Discuss supply and demand economic theory


Create a 2-3 page paper (excluding references), response the following questions as they apply to the supplied information:

1. Discuss supply and demand economic theory as it applies to costs for diagnosis and treatment of obesity-related disease.

2. Discuss the impact on State funds of Medicare and Medicaid expenditures. Estimated Adult Obesity-Attributable Percentages and Expenditures, by State (BRFSS 1998-2000).

3. Speaking as a health care economist, what actions or initiatives would you recommend to contain or reduce costs for your particular state of residence?

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