Production of Health
Production of Health. FGS - Chapter 4. General Formulation. HS = f (Health Care, Environment, Human Biology, Life Style) HS = f (HC, Env, HB, LS) If we’re concentrating on health care, Total Product: HS = f (HC, Env, HB, LS) Marginal Product: MP = D HS/ D HC Average Product: AP = HS/HC
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