2. Suppose a new miracle pill is discovered that increases both the marginal health effects of health investment (at any given level of health investment) and the maximum level of attainable health from H_max to a higher H_max.

a) Draw the old production possibility frontier before the discovery of the miracle pill.

b) On this same graph, draw a new production possibility frontier that corresponds to the description of the miracle pill.

c) How will the miracle pill affect H^* ?

d) Just think about this part, you dont have to answer. How will the miracle pill affect the rate of jogging?