l. The table below represents the costs and benets of four alternative programs designed to treat a life-threatening disease that afflicts all people over the age of 13 (children are immune to the disease)- Program CostsflijI Life 1Saved CostEEeetiveness Ratio _ _ mum-:1 _ _ 2m: one _ a. Fill in the cost effectiveness ratio (average cost per life saved) column of the table. In terms of the coste'ectiveness ratio= state which program is the best and briey explain why? Hint: Your answer should be verj.r specic. Now suppose that program B is targeted at saving the lives of senior citizens [aged 65 and older), while program C is targeted at saving the lives ofyoung adults (aged 1330). Ignore alternatives A and D for question (b). b. In this scenario: provide an economic argument in support of choosing program C over program B? Briey.r explain 1your answer. Be sure to use economic reasoning rather than morals or emotion and be specic