economics

Project Description:

preventive care is not always cost effective. suppose that it costs $100 per person to administer a screening exam for a particular disease. also suppose that if the screening exam finds the disease, the early detection given by the exam will avert $1000 of costly future treatment.
a) imagine giving the screening test to 100 people. how much will it cost to give those 100 tests? imagine a case in which 15 percent of those receiving the screening exam test positive. how much in future costly treatments will be averted? how much is saved by setting up a screening system?
b) imagine that everything is the same as in part a except that now only 5 percent of those receiving the screening exam test positive. in this case, how much in future costly treatments will be averted? how much is lost by setting up a screening system?
Skills Required:
Project Stats:

Price Type: Negotiable

Expired
Total Proposals: 5
1 Current viewersl
15 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.9
    73 Jobs 54 Reviews
    $0 in 0 Day
  • 0.0
    0 Jobs 0 Reviews
    $0 in 0 Day
  • 4.0
    5 Jobs 4 Reviews
    $0 in 0 Day