Question

No matter how much healthcare you consume, it is subject to diminishing marginal returns. If you...

No matter how much healthcare you consume, it is subject to diminishing marginal returns. If you disagree with the statement, explain in what ways. If you agree with the statement, explain why.


Homework Answers

Answer #1

This is totally a correct statement , how much we concentrate on our healthcare or daily exercise , but the stage comes in our life it will be subject to diminishing returns .

This is basically due to Age factor , with the rise in age of the person , how much healthy he/she is doesn't matter . Because of increasing globalization , pollution causing diseases to even a healthy person at so much level that it lead to diminishing return . In the scenario of life , how much we give to our health doesn't matter at one stage .

Now suppose in Covid 19 , no one imagine this chronic unprecended pandemic , even we lost many healthy person from our life . So in today's scenario no matter how much healthcare we consume, it is subject to diminishing marginal returns . This is totally agreed statement .

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