How does a chronic health condition diabetes, raise premiums?   If you don't control your chronic condition, what are the costs to you? What are the costs to others?

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
Section: Chapter Questions
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How does a chronic health condition diabetes, raise premiums?

 

If you don't control your chronic condition, what are the costs to you?

What are the costs to others?

Does your behavior, ie, not controlling your chronic condition, mean you are imposing an externality on other people? Why or why not?

Your responses should be original in nature and not copied from an online source. If you gather information through research, you must appropriately cite the source in APA format.

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