the old vaccine cost 16.00 per dose to produce the new vaccine cost 35.00 per dose to produce if either vaccine fails it cost 1870 to treat an elderly person over 65old vaccine success rate =0.84old vaccine failure rate =0.16new vaccine success rate=0.85new vaccine failure rate =0.15

Question 1: Expected Value Benefits What is the expected value benefit of the old vaccine? (show your calculations) What is the expected value benefit of the new vaccine? (show your calculations) Question 2: Expected Value Costs What is the expected value cost of the old vaccine? (show your calculations) What is the expected value cost of the new vaccine? (show your calculations) Question 3: Cost-Utility Ratio Show the cost-utility ratio for the opportunity cost of continuing 100% coverage for the new vaccine. (show your calculations) - U Ratio - Dofference in co