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The following table represents the costs and benefits of four alternative clinical programs designed to treat a single disease. Benefits are measured in terms of
The following table represents the costs and benefits of four alternative clinical programs designed to treat a single disease. Benefits are measured in terms of number of lives saved. What are the cost-effectiveness ratios for Programs A, B, C, and D? Which is the best program? In terms of number of total lives saved? In terms of cost per life saved? Compare alternative pairs, A & B, B & C, C & D. What can you say given the information provided? Which program would you favor as a manager? Provide sound economic reasoning. Compare alternatives B & D. How might you argue in favor of alternative D
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