Question: what is the answer? 4. Two alternative programs to enhance the life and independency of 5,000 pensioners per year entail providing series of trainings and

what is the answer?

4. Two alternative programs to enhance the life and independency of 5,000 pensioners per year entail providing series of trainings and new health care center. The price of a new health care unit is $100,000, and the price of providing series of training is $20,000. One combination of the two programs that can enhance the 250 pensioners' life and independency is two units of health centers and three series of trainings. If two units of health care built, the marginal product of this program will be 15 pensioners can be independent per year. If three series of training programs, the marginal product of this program will be 10 enhanced the pensioners' life and independency per year. Is the mix involving two units of health care and three series of trainings cost effective? Assuming that the marginal products of both programs decline, what needs to done to achieve the cost- effective mix of programs

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