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1. Given a point E in an IH-IS space, if r increases and q increases where is the new point (E') relative to point E? (Given r change is less than q change) a. above left of point E b. above right of point E c. below left of point E d. below right of point E e. none of the above

2. Given 4 treatments, their survival rates, and cost: Treatment Z: 50%, $3,000 Treatment Y: 60%, $4,000 Treatment X: 66%, $4,100 Treatment W: 72%, $4,500 no treatment gives a survival rate of 2% Is there an OBVIOUSLY DOMINATED treatment? IF yes which one? a. No; None b. Yes; X c. Yes; Y d. Yes; Z e. Yes; W

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92201971

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