Cost-effectiveness analysis involves a) clearly describing the costs and benefits of a policy proposal b) Estimating...

Cost-effectiveness analysis involves

a) clearly describing the costs and benefits of a policy proposal

b) Estimating the monetary values of costs and benefits

c) careful evaluation of the effectiveness of an established policy

d) cost-benefit analysis in the human services

Solutions

Expert Solution

Ans. a

Cost-effectiveness analysis (CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action.Cost-effectiveness analysis is distinct from the cost-benefit analysis, which assigns a monetary value to the measure of effect.

Hayet Jeridi answered 1 year ago

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