Cost-effectiveness considerations are more formally integrated into health policy making in

Suppose a frost destroys the tomato crop in California but farmers see an increase in their revenues. Which of the following best explains this?

A) Tomatoes are necessities. B) The demand for tomatoes is price inelastic. C) The decrease in supply led to huge price increases. D) The cross-price elasticity between tomatoes and most other substitute vegetables is very low.

The ________ the utilities from each possible outcome of a situation weighted by the probability of that outcome is called expected utility.

A. change in B. sum of C. product of D. difference in