answer both 4. Individual A exercises twice a week and individual B never exercises. Individual A is acollege graduate and individual B is a high school dropout.a) Graph their marginal efficiency curves.b) If individual A & B earn the same income, do they also produce more health? Why orwhy not?

Above paragraph we will given the two individual with different level.

Answered: 4. Individual A exercises twice a week…

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter17: Income, Poverty, And Health Care

Section: Chapter Questions

Problem 18P

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4. Individual A exercises twice a week and individual B never exercises. Individual A is a college graduate and individual B is a high school dropout. a) Graph their marginal efficiency curves. b) If individual A & B earn the same income, do they also produce more health? Why or why not?