Illustrate a production possibilities curve


Illustrate a production possibilities curve among the health and all other goods. Insert a point in the drawing that demonstrates an economy with an inefficient health system. Insert two additional points that demonstrate the two efficient economies but two that contrast in their relative emphasis on health care versus all other goods. Explain Is there a cost to society of policies that lead to increases in health care?

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Macroeconomics: Illustrate a production possibilities curve
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