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:

Label Units

Involves specifying the measurement units next to numerical values, critical for clarity and accuracy in data presentation.

Visual

Relating to seeing or sight, often used in the context of materials or presentations that rely on images or graphical elements.

Interchangeable

Capable of being used in place of each other; mutually substitutable.

Visuals

Images, diagrams, charts, and other graphical elements used in documents or presentations to illustrate, clarify, or add interest to the information being conveyed.