In the context of implementing a program budgeting and marginal analysis (PBMA) exercise, the following information on two programs of care, A and B has been determined within the health care budget: Programme A Program B Marginal cost £350 £400 Marginal benefits (Healthy Years) 12 18 Calculate MB/MC and explain the interpretation of these ratio.
In the context of implementing a program budgeting and marginal analysis (PBMA) exercise, the following information on two programs of care, A and B has been determined within the health care budget: Programme A Program B Marginal cost £350 £400 Marginal benefits (Healthy Years) 12 18 Calculate MB/MC and explain the interpretation of these ratio.
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 8QAP
Related questions
Question
100%
In the context of implementing a program budgeting and marginal analysis (PBMA) exercise, the following information on two programs of care, A and B has been determined within the health care budget:
Programme A |
Program B |
|
Marginal cost |
£350 |
£400 |
Marginal benefits (Healthy Years) |
12 |
18 |
- Calculate MB/MC and explain the interpretation of these ratio.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc