1. Describe the health production function in decreasing deaths from coronary heart disease. 2. What is moral hazard, and how does it increase the cost of medical care?

1. Describe the health production function in decreasing deaths from coronary heart disease. 2. What is moral hazard, and how does it increase the cost of medical care?

Reference:

Chapter 3: Do More Medical Expenditure Produce Better Health?
Chapter 5: Rationing Medical Services

please attached reference below discusion board.