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Consider that two drugs are available for the management of diabetic patients. The first, drug, the current practice, costs $12,000 over 15 years. The new drug costs $7,500 over 15 years. The outcome measure, quality adjusted life years (QALY) with the current practice is 9.0 over 15 years for diabetic patients and the QALY will improve to 9.8 with the new drug.
The incremental cost-effectiveness ratio ($) of the new drug is:
In recent yrs, persons also state governments have sued various tobacco companies to compensate for illness also injury allegedly cause d by cigarette smoking.
Explain how Ibn Khaldoun view traders, including types of traders, the importance of traders to the economy, the necessary skills for successful traders, and role of connections in a trader’s success.
q. 1. why a favorable shock to the production function tends to reduce the price level p. how could the monetary
A basic assumption for comparing the straight-line production possibilities curves for two nations is that the production possibilities curves reflect.
If agricultural price subsidies have the effect of lowering resource costs for farmers, use a supply and demand graph to show the effects on the market for food. Illustrate what are the implications for American public health.
According to the Wall Street Journal, "Rent control disproportionately subsidizes the affluent. A Harvard University study in the late 1980s found that rent-controlled apartments were in some of the city's best neighborhoods, that 94% of their tenant..
What were the elements behind the successful acceleration of industrialization after 1865. What were factors that caused ex-slave states in the south lag behind the north in participation in this acceleration of industrialization?
Based on the revised (1997) merger guidelines, would the Antitrust Division likely challenge a proposed merger between.
How many bushels of corn are purchased by consumers and at Illustrate what cost. By government. How much does program cost government. How much income do corn farmers receive.
Explain the key features and innovations of Progesa/ Oportunidades Program regarding human capital? Even though the program has been successful in Mexico, Explain why a similar program might not work elsewhere.
As per to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company. Elucidate is a company violating the optimality rule.
A sum of money Q will be received 6 years from now. At 5% annual interest, the present worth of Q is $60. At the same interest rate, what would be the value of Q in 10 years?
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