Principles of Pharmacoeconomics: Lecture 1 Background
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Questions and Answers

Which of the following is considered an indirect cost that can be reliably calculated from data?

  • Pain from treatment
  • Reduced productivity at work (correct)
  • Intangible costs
  • Anxiety from illness

What is the main characteristic of intangible costs?

  • They are impossible to measure (correct)
  • They do not occur
  • They are not worth identifying
  • They are easy to measure

Which of the following is an example of a fixed cost in healthcare?

  • Building hospitals (correct)
  • Drugs
  • Investigations
  • Disposable equipment

Which of the following is an example of a variable cost in healthcare?

<p>Disposable equipment (D)</p> Signup and view all the answers

How are staff costs classified in healthcare?

<p>They can be either fixed or variable costs (D)</p> Signup and view all the answers

What is the main difference between fixed and variable costs in healthcare?

<p>Fixed costs are incurred whether patients are treated or not, while variable costs are incurred from patients' treatment (C)</p> Signup and view all the answers

What is the main characteristic of semifixed costs in healthcare?

<p>They may increase only with a large increase in activity (B)</p> Signup and view all the answers

Which of the following is NOT a component of fixed costs in healthcare?

<p>Variable costs (B)</p> Signup and view all the answers

Which of the following is a type of indirect cost in healthcare that is difficult to measure?

<p>Anxiety and pain from illness or treatment (C)</p> Signup and view all the answers

What is the main purpose of identifying intangible costs in healthcare?

<p>To understand the full impact of healthcare interventions (B)</p> Signup and view all the answers

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