The approval process for new drugs, if governed by economic thinking, should set stringency standards so that

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The approval process for new drugs, if governed by economic thinking, should set stringency standards so that the __________ equals the ___________.

a. Total cost; total benefit

b. Average cost; average benefit

c. Marginal cost; marginal benefit

d. Cost of production; revenue from sales

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 02:53 AM

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The approval process for new drugs, if governed by economic thinking, should set stringency standards so that

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c Marginal cost marginal benefit Explanation The marginal ...View the full answer

Issues in Economics Today

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