Which of the following statements is true regarding cost-effectiveness analysis? Question 27 options: It is based on theory of maximizing social welfare/well being (allocative efficiency) It always results in the equitable allocation of scarce resources based on need It requires the monetization of costs as well as benefits for all relevant alternative uses of scarce resources It measures benefits/outcomes for all relevant alternative uses of scarce resources in their natural units (e.g. QALY's)