Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why is making cost/benefit analysis of healthcare expenditures so difficult? a. Because few healthcare managers are able to calculate the MHP (marginal health product) of

Why is making cost/benefit analysis of healthcare expenditures so difficult?

a. Because few healthcare managers are able to calculate the MHP (marginal health product) of remedial health interventions.

b. Because most costs of healthcare are difficult to quantify.

c. Because measurement instruments in most physician's offices are restricted to scales for weight and that little sliding thing to measure height.

d. Because costs and benefits of healthcare are often expressed in different units of measure

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Research In Forest Economics And Forest Policy

Authors: Marion Clawson

1st Edition

1317362624, 9781317362623

More Books

Students also viewed these Economics questions

Question

2. It is the results achieved that are important.

Answered: 1 week ago