law of diminishing marginal returns

1. Explain how the law of subordinate ultimate income is apt when developing policies aimed at reducing the augmentation blame of bloomcare expenditures.

2. Take a tiny to ponder encircling the completion expenditures of each unrepining at a hospital.  What do you ponder the absorb division conquer contemplate relish (catholic or insignificant model deviation; conquer there be a skew)? Conquer the median expenditures be catholicr than the moderation? Why? Provide a 4-5 judgment sense. 

3. Imagine that our bloom foundation (measured by our overall profit equalize) was merely solid by the quantity of specie that we spent on bloomcare.  At original, each subjoined dollar that we expend conquer growth our overall bloom.  However, following we aim a sure quantity of expending, our profit would in-fact set-on-foot to wane as we expend past and past.  As an specimen, getting bloodwork is burdensome, and there is a casualty I could get an poison or unimpassioned full date I go to the doctor's service. Suppose that the bloom foundation can be conducive delay the following 

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