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Review Question 8 located at the end of Chapter 5 Become Exceptional/tutorialoutletdotcom

FOR MORE CLASSES VISIT www.tutorialoutlet.com Write five to six (5-6) page paper in which you: (Note: Refer to Review Question 8 located at the end of Chapter 5 for criteria 1-3.) Determine the following before deciding a prescription: (a) maximize effectiveness at the least cost; (b) maximize effectiveness at a fixed cost of $10,000; (c) achieve a fixed-effectiveness level of 6,000 units of service at a fixed cost of $20,000; (d) maximize net benefits, assuming that each unit of service has a market price of $10; (e) maximize the ration of benefits to costs, assuming that each unit of service has a market price of $10. Determine which of the two main programs (Program I and Program II) should be selected under each of these criteria. Justify your position.

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