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Hypothetical table of benefits and costs

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Reference no: EM131220410

Consider the following hypothetical table of benefits and costs for health production for the people in the society.

Age

Total Benefits (in $)

Total Costs (in $)

75

100

10

76

120

12

77

138

15

78

154

19

79

168

25

80

182

33

81

194

43

82

204

55

83

212

75

84

218

105

85

222

150

In the table above, policy-makers should spend __________ because __________.

Reference no: EM131220410

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