Identify the Distinguishing Feature Between Cost-Benefit Analysis and Cost-Effectiveness

question 22

Multiple Choice

Identify the distinguishing feature between cost-benefit analysis and cost-effectiveness.

• A)Cost-effectiveness is ethically problematic.
• B)Cost-benefit analysis adopts the most efficient means available to achieving a particular standard.
• C)Cost-benefit analysis is ethically problematic.
• D)Cost-effectiveness uses economic criteria before setting the standards.

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Definitions:

Vet Bills

Expenses incurred for medical treatment, surgeries, medications, and general healthcare provided by veterinarians to animals.

Merchantable

Refers to goods being fit for the purpose for which they are sold, meeting the buyer's reasonable expectations.

Variation

A change or difference in condition, amount, or level, typically with certain limits.

Decoupling

Refers to a process or condition where two or more connected entities operate independently or with reduced interdependence.