Now we have reviewed two examples of how Neoclassical economics is applied to he
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Now we have reviewed two examples of how Neoclassical economics is applied to health-related behaviour, please write a 350 word forum post outlining how you would apply Neoclassical Consumer Theory to a health issue of your choice. Please include:
A description of the health issue;
A clear presentation of either the demand function or behavioural model for the ‘choice’ that is being made;
A reflection on the insights this model gives, and the implications for what sort of policies could address this issue.