Which of the following statements is true regarding cost-effectiveness analysis? Question 29 options: It measures benefits/outcomes for all relevant alternative uses of scarce resources in their natural units (e.g. QALY's) It requires the monetization of costs as well as benefits for all relevant alternative uses of scarce resources It always results in the equitable allocation of scarce resources based on need It is based on theory of maximizing social welfare/well being (allocative efficiency)