There are four treatment options for a particular condition. The status quo costs $5,000 and is 80% effective. Treatment A is $12,500 with an effectiveness of 90%. Treatment B is $10,000 with an effectiveness of 85%. Treatment D costs $20,000 and is 91% effective. Using incremental cost effectiveness ratios, can any of these treatments be ruled out as not economically rational?

 

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To determine if any of the treatments can be ruled out as not economically rational using incrementa... View the full answer