According to the law of diminishing returns, the longer we live, the more we will be willing to pay relatively for medical care than for other goods and services.

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As we age, our need for medical care increases, and therefore we are willing to pay more for it than for other goods and services. This is in line with the law of diminishing returns, which states that the marginal utility of a good or service decreases as we consume more of it. In the case of medical care, the marginal utility may still be high even at a high price due to its necessity for our well-being.

According to the Law of Diminishing Returns, the Longer We