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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Consider a tragic and heart-wrenching case in which a cancer patient is told he needs chemotherapy in order to live three more years at best, but the patient's final three years will be filled with all the terrible side-effects of the treatment. Without it, he will surely die within a year, but his quality of life would be a better. Suppose he chooses to quit chemotherapy. The economic way of thinking would therefore conclude
A) the patient made the wrong choice.
B) the doctors were absolutely right—the patient needs chemotherapy.
C) it is better to live longer than it is to die sooner.
D) all of the above are true.
E) none of the above is true.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 234 times
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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Sublight2097 Author
wrote...
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
8 years ago
Happy to assist!
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