A recent study showed that an autonomous robot can perform soft-tissue surgery, and do so better than

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A recent study showed that an autonomous robot can perform soft-tissue surgery, and do so better than a human surgeon.

a. Assume that performing a surgery with a surgical robot requires fewer surgeons and nurses.
Is using the surgical robot technologically efficient?

b. What additional information would you need to be able to say that switching to surgical robots is economically efficient for a hospital?

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Microeconomics

ISBN: 9780134744476

13th Edition

Authors: Michael Parkin

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