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Economics

Question: In a comparison of the expected value costs and benefits of two treatments, which of the following is the best explanation of how we define the benefit of each treatment?

a. The benefit is based on any difference in the success rates of the two treatments

b. The benefit is the utilitarian value of good health to the patient

c. The benefit is a cost of future treatment that is avoided when the current treatment succeeds

d. The benefit is based on any difference in cost between the two treatments

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92583555

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