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Questions and Answers
What does Cost-Effectiveness Analysis (CEA) not place a dollar value on?
What does Cost-Effectiveness Analysis (CEA) not place a dollar value on?
In CEA, how is the valuation of life typically expressed?
In CEA, how is the valuation of life typically expressed?
Which of the following is not considered when comparing two treatments using CEA?
Which of the following is not considered when comparing two treatments using CEA?
What is a common misuse of CEA as highlighted in the text?
What is a common misuse of CEA as highlighted in the text?
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Which factor could be compared using CEA between two programs designed to prevent excess mortality?
Which factor could be compared using CEA between two programs designed to prevent excess mortality?
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In the context of drug selection based on CEA, what does the Cost-Effectiveness (C/E) ratio represent?
In the context of drug selection based on CEA, what does the Cost-Effectiveness (C/E) ratio represent?
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What is an example of an indirect cost of illness?
What is an example of an indirect cost of illness?
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Which cost remains constant regardless of the output?
Which cost remains constant regardless of the output?
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How is average cost calculated?
How is average cost calculated?
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What does marginal cost represent?
What does marginal cost represent?
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What is the opportunity cost in economic decision making?
What is the opportunity cost in economic decision making?
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Which component of Cost of Illness includes professional services and hospital care?
Which component of Cost of Illness includes professional services and hospital care?
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What is the main purpose of Diagnosis Related Groups (DRG) Global payment rate?
What is the main purpose of Diagnosis Related Groups (DRG) Global payment rate?
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In Cost-Benefit Analysis (CBA), how are the outcomes of different alternatives typically compared?
In Cost-Benefit Analysis (CBA), how are the outcomes of different alternatives typically compared?
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Which cost analysis methodology involves comparing two or more alternatives with identical outcomes?
Which cost analysis methodology involves comparing two or more alternatives with identical outcomes?
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What is the primary focus of Cost-Utility Analysis (CUA)?
What is the primary focus of Cost-Utility Analysis (CUA)?
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In the context of healthcare economics, what is a key characteristic of Cost-Minimization Analysis (CMA)?
In the context of healthcare economics, what is a key characteristic of Cost-Minimization Analysis (CMA)?
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What is the main difference between Cost-Effectiveness Analysis (CEA) and Cost-Benefit Analysis (CBA) methodologies?
What is the main difference between Cost-Effectiveness Analysis (CEA) and Cost-Benefit Analysis (CBA) methodologies?
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Which indicator is a better measure of opportunity cost than average cost according to the text?
Which indicator is a better measure of opportunity cost than average cost according to the text?
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In the context of assigning dollar values, what is recommended when there is little competition?
In the context of assigning dollar values, what is recommended when there is little competition?
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What should be done when allocating shared resources among multiple programs?
What should be done when allocating shared resources among multiple programs?
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Why is marginal cost considered a better indicator of resource value?
Why is marginal cost considered a better indicator of resource value?
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What should be reported separately from monetary values when determining costs?
What should be reported separately from monetary values when determining costs?
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Why might hospital charges often bear little relationship to resources consumed?
Why might hospital charges often bear little relationship to resources consumed?
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In a Visual Analogue Scale, what does '100' represent?
In a Visual Analogue Scale, what does '100' represent?
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What is the emphasis of Cost-Benefit Analysis (CBA) in pharmacoeconomic methodologies?
What is the emphasis of Cost-Benefit Analysis (CBA) in pharmacoeconomic methodologies?
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Which of the following is NOT an example of a Cost-Benefit Analysis (CBA)?
Which of the following is NOT an example of a Cost-Benefit Analysis (CBA)?
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What type of outcomes does Cost-Effectiveness Analysis (CEA) focus on?
What type of outcomes does Cost-Effectiveness Analysis (CEA) focus on?
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Which of the following is NOT an example of a Cost-Effectiveness Analysis (CEA)?
Which of the following is NOT an example of a Cost-Effectiveness Analysis (CEA)?
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In the context of pharmacoeconomic methodologies, what does CUA refer to?
In the context of pharmacoeconomic methodologies, what does CUA refer to?
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