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The government expects 10,000 people to need heart surgery. The average open heart surgery takes 10 hours and costs $20,000. There is a new laparoscopic
The government expects 10,000 people to need heart surgery. The average open heart surgery takes 10 hours and costs $20,000. There is a new laparoscopic heart surgery. When it works it only takes 5 hours and costs $8,000. However, 20% of the time the new procedure doesn't work and they need to also do the open-heart surgery (i.e. they have to do both surgeries and pay for both). a. The government is planning its budget. It should expect to spend dollars on heart surgery
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