MC ($) 7,259 Students AC ($) Total cost ($) Undergraduate 13,750 7,659 105,311,250 27,500 6,548 7,348 202,070,000 7,038 41,250 55,000 5,838 5,125 6,727 369,985,000 68,750 4,417 6,417 441,168,750 82,500 3,706 6,106 MC ($) 6,541 503,745,000 Total cost ($) Students АC (S) Graduate 2,750 12,140 33,385,000 5,500 6,821 9,399 51,697,000 8,250 11,000 7,102 8,672 8,365 7,383 92,015,000 13,750 7,664 8,249 113,423,750 16,500 7,945 8,228 135,762,000
MC ($) 7,259 Students AC ($) Total cost ($) Undergraduate 13,750 7,659 105,311,250 27,500 6,548 7,348 202,070,000 7,038 41,250 55,000 5,838 5,125 6,727 369,985,000 68,750 4,417 6,417 441,168,750 82,500 3,706 6,106 MC ($) 6,541 503,745,000 Total cost ($) Students АC (S) Graduate 2,750 12,140 33,385,000 5,500 6,821 9,399 51,697,000 8,250 11,000 7,102 8,672 8,365 7,383 92,015,000 13,750 7,664 8,249 113,423,750 16,500 7,945 8,228 135,762,000
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
Related questions
Question
Question : (a) From the given figure, What are the main differences between the universities’ cost structures for undergraduates and graduates?
(b) Explain the differences that you have identified?
![Students
Total cost ($)
MC (S)
7,259
AC (S)
Undergraduate
13,750
7,659
105,311,250
27,500
6,548
7,348
202,070,000
7,038
41,250
55,000
5,838
5,125
6,727
369,985,000
68,750
4,417
6,417
441,168,750
82,500
3,706
6,106
503,745,000
AC (S)
Total cost ($)
MC (S)
6,541
Students
Graduate
2,750
12,140
33,385,000
5,500
6,821
9,399
51,697,000
7,102
7,383
8,250
8,672
11,000
8,365
92,015,000
13,750
7,664
8,249
113,423,750
16,500
7,945
8,228
135,762,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3e634767-d80e-4016-a32d-ec2d5c50fdda%2F11a42166-72dc-4fcf-a130-a274d83fd15a%2F88ytnv_processed.png&w=3840&q=75)
Transcribed Image Text:Students
Total cost ($)
MC (S)
7,259
AC (S)
Undergraduate
13,750
7,659
105,311,250
27,500
6,548
7,348
202,070,000
7,038
41,250
55,000
5,838
5,125
6,727
369,985,000
68,750
4,417
6,417
441,168,750
82,500
3,706
6,106
503,745,000
AC (S)
Total cost ($)
MC (S)
6,541
Students
Graduate
2,750
12,140
33,385,000
5,500
6,821
9,399
51,697,000
7,102
7,383
8,250
8,672
11,000
8,365
92,015,000
13,750
7,664
8,249
113,423,750
16,500
7,945
8,228
135,762,000
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