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A safety net hospital is considering implementing a comprehensive women's health center that would serve 1700 women annually. The cost of implementing the health center would be $45.5 million. The program would increase the life expectancy of the women served by an average of 1.8 years per woman. How many life years would be gained? What is the cost per life year? Should this program be funded, and why or why not?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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