In a 2–3 page paper (not including references), please answer the following questions as they apply to the supplied information:
Discuss supply and demand economic theory as it applies to costs for diagnosis and treatment of obesity-related disease.
Discuss the impact on State funds of Medicare and Medicaid expenditures. See Table 1, Estimated Adult Obesity-Attributable Percentages and Expenditures, by State (BRFSS 1998–2000).
Speaking as a health care economist, what actions or initiatives would you recommend to contain or reduce costs for your particular state of residence?