Friday, November 24, 2006

Unit 1: Opportunity cost and the PPC: Drugs choices

This articl clearly shows the choices that have to be made by hospitals

a) Draw a PPC to show the choices faced by the doctors
b) What does the PPC show?
c) How does it illustrate the idea of opportunity cost?

http://news.bbc.co.uk/1/hi/health/6176008.stm

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