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368 lecture 3

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368 lecture 3

  1. 1. Production Possibilities Curve 50 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  2. 2. Production Possibilities Curve 50 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  3. 3. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  4. 4. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  5. 5. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  6. 6. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  7. 7. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Maternity 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  8. 8. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Maternity 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  9. 9. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  10. 10. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  11. 11. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  12. 12. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  13. 13. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  14. 14. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  15. 15. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  16. 16. Production Possibilities Curve 50 Bows out due to opportunity costs 40 Not possible with current Maternity resources 30 Care 20 10 Inefficient 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  17. 17. Production Possibilities Curve 50 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  18. 18. Production Possibilities Curve 50 40 Maternity 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  19. 19. Production Possibilities Curve 50 40 New innovation expands Maternity possibilities 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  20. 20. Production Possibilities Curve 50 40 New innovation expands Maternity possibilities 30 Care 20 10 0 0 10 20 30 40 50 Geriatric CareMonday, February 11, 13
  21. 21. Health versus Medical CareMonday, February 11, 13
  22. 22. Medical Care does not guarantee HealthMonday, February 11, 13
  23. 23. Health and Age Health 0 10 20 30 40 50 60 70 80 90 100 AgeMonday, February 11, 13
  24. 24. Health and Age Health 0 10 20 30 40 50 60 70 80 90 100 AgeMonday, February 11, 13
  25. 25. Health and Age Improve Prenatal Care Health 0 10 20 30 40 50 60 70 80 90 100 AgeMonday, February 11, 13
  26. 26. Health and Age Improve Prenatal Care Health 0 10 20 30 40 50 60 70 80 90 100 AgeMonday, February 11, 13
  27. 27. Health and Age Improve Prenatal Care Health Improve Maturing Care 0 10 20 30 40 50 60 70 80 90 100 AgeMonday, February 11, 13
  28. 28. Health and Age Improve Prenatal Care Health Improve Maturing Care 0 10 20 30 40 50 60 70 80 90 100 AgeMonday, February 11, 13
  29. 29. Health and Medical Costs Health Medical CostsMonday, February 11, 13
  30. 30. Health and Medical Costs Diminishing Marginal Utility Health Medical CostsMonday, February 11, 13
  31. 31. Health and Medical Costs Diminishing Marginal Utility Health Medical CostsMonday, February 11, 13
  32. 32. Health and Medical Costs Diminishing Marginal Utility Health Medical CostsMonday, February 11, 13
  33. 33. Health and Medical Costs Diminishing Marginal Utility Health Medical CostsMonday, February 11, 13
  34. 34. Health and Medical Costs Diminishing Marginal Utility Health Medical CostsMonday, February 11, 13
  35. 35. Health and Medical Costs Diminishing Marginal Utility Health Medical CostsMonday, February 11, 13
  36. 36. Health and Medical Costs Diminishing Marginal Utility Health Large Gain Medical CostsMonday, February 11, 13
  37. 37. Health and Medical Costs Diminishing Marginal Utility Health Large Gain Medical CostsMonday, February 11, 13
  38. 38. Health and Medical Costs Diminishing Marginal Utility Health Large Gain Medical CostsMonday, February 11, 13
  39. 39. Health and Medical Costs Diminishing Marginal Utility Health Large Spent the Gain same amount Medical CostsMonday, February 11, 13
  40. 40. Health and Medical Costs Diminishing Marginal Utility Health Large Spent the Gain same amount Medical CostsMonday, February 11, 13
  41. 41. Health and Medical Costs Diminishing Marginal Utility Health Small Gain Large Spent the Gain same amount Medical CostsMonday, February 11, 13
  42. 42. Health and Medical Costs Diminishing Marginal Utility Health Small Gain Large Spent the What gives Gain same most amount health? Medical CostsMonday, February 11, 13

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