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- Which of the following correctly identify ways in which cost-effectiveness analysis differs from cost-benefit analysis? You may select multiple answes. A. In a CBA costs and benefits in the distant future are not ignored, but they are in a CEA. B. In a CBA, revealed preference measures can be used as a method of measuring impacts but they are not in a CEA. C. A CBA does not attempt to evaluate efficacy, but a CEA does. D. A CBA monetizes both costs and benefits, whereas CEA only monetizes costs. E. A CBA fails to consider effects on income distribution but a CEA does.1.In health care, which of the following factors determine the position of a cost curve? a. Case mix and severity of cases treated b. Quality of care provided c. The technology used d. Amount of fixed factors employed in the production process e. The incentive system the provider is using9. Consider the following hypothetical three-stage screening test for a cancer with the following rates of detection and costs: Stage 2 3 Number of Cases Detected 100 110 125 135 Total $150,000 $180,000 $250.000 $310.000 A. Calculate the average cost per cancer detected in the three stages. B. Calculate the marginal cost per cancer detected in the three stages. C. Suppose that the marginal benefit per treated case is $4,600 per person. What would be the optimal screening, given the costs?
- 8. Cost-benefit & Cost-effectiveness analysis Given the information below, answer the questions that follow. Effectiveness 4 life-years gained 10 life-years gained Current Treatment New Treatment Cost $100,000 $250,000 A. Calculate the ICER for the new treatment, assuming that the new treatment would replace the old one. Should the new treatment be adopted? Why? B. Calculate the cost effectiveness for both current and new treatments. (Hint: use the ratio of costs over benefits)10 The critical value for a 5 percent level of significance is: a 1.493 b 1.656 c 1.761 d 1.873Choice of a neighbourhood is a function of economic parameters likeincome, wealth, and occupation. Social factors such as religion, caste,other group identity etc. also influence the decision of where to live.Demographic factors such as constituents of the family and number ofdependent members are also important. Family with more number of kidsis likely to prefer housing in an area with educational institutions.Similarly, family with more number of elderly will prefer a place wheremedical assistance can be quickly reached. Choice of neighbourhoodbecomes extremely important, as it affects the quality of life in a largeway. There are external effects of neighbour’s behaviour on one’s lifestyle. If the neighbours are very social and of high moral values, there areno clashes and disturbances. However, if one is not lucky enough to havea good and understanding neighbour, things can come to a level, wherethere can be fights and legal suites. One such example happened in mysociety recently.…
- Plz all parts For each Global Public Health Organizations below, I need 2 examples of how they are addressing or could address issues related to the coronavirus pandemic. As well as note their limitations in the roles that you identify. 1. World Health Organization 2. Other UN agencies with focused agenda 3. International financing organizations 4. Bilateral governmental aid organizationsNeed assistance on a 2 part question 3 Which of the following results from providers having more information about treatment alternatives than their patients? OA. Principle-agent problem. OB. Rational ignorance. OC. Externalities. OD. Adverse selection. OE. The substitution effect. Reset Selection Show Transcribed Text G SONUS MOOER The optimal level of output may be defined as that level of output where O A. average benefit exceeds average cost by the greatest amount. B. total benefit equals total cost. C. marginal benefit exceeds marginal cost by the greatest amount. OD. the marginal benefit of the last unit purchased equals its marginal cost. E. it is impossible to define optimal in any meaningful way. Reset SelectionBenefits are payable in a Critical Illness Plan for which of the following situations or illnesses? A.Suicide or attempted suicide B.Leukemia C.Drug addiction D.Accidental injury
- What is social referencing? How does it function in infancy and what does it imply about infants' growing social capabilities?1. Identify and discuss one (1) social AND one (1) economic impact of computers on society 2. 2020 shook our world in unimaginable ways, forcing us to face multiple public health emergencies. And, while technology isn't the primary tool to solve for systemic health issues, it can play an important role in partnership with government and civil society efforts. However, for technology to be effective, it must be built responsibly - and no matter how good a tool is, people won't use it unless it has their trust. Discuss two (2) ethical issues linked to the use of computer technology in healthcare, specifically related to the COVID-19 pandemic. 3. Technology today is evolving at a rapid pace, enabling faster change and progress, causing an acceleration of the rate of change. Identify three (3) emerging technologies one should be on the lookout for today.B.You are interested in the relationship between health and income at individual level. If you had no practical, financial, or ethical constraints, how would you determine if education had a causal impact on health at? Question 2: a. Provide definitions of “sustainable development”: first, according to the Brundtland Commission (1987) and second, according to how most economists would define it.