Question: PLEASE ANSWER THESE QUESTIONS INCLUDE REFERENCE, SCHOLARLY SOURCE ONLY FOR EACH QUESTION PLEASE INCLUDE THE SOURCE OF ANSWER! Q1: Define the economic term Opportunity costs?

PLEASE ANSWER THESE QUESTIONS INCLUDE REFERENCE, SCHOLARLY SOURCE ONLY FOR EACH QUESTION PLEASE INCLUDE THE SOURCE OF ANSWER!

Q1: Define the economic term "Opportunity costs"?

Q2: Identify how the law of diminishing marginal utility fits into an analysis of the demand for health care?

Q3: Identify an example of an opportunity cost in the context of health care economics for an individual or family?

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