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At what point does more not equal better? This is a question many economists struggle with, but when the consumable good is years of life,
At what point does more not equal better? This is a question many economists struggle with, but when the consumable good is years of life, everyone turns into an amateur economist. Refer to Figure 1 in The Pragmatist's Guide to Comparative Effectiveness Research PDF article and discuss your response to this question. In your response, consider the following questions:
- Which point on the curve do you advocate for and why?
- What are the differences of the various points on the curve?
In your response posts, be sure to use both cost (factor inputs) and survival (quality life years) to support or refute your peers' initial posts.
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