Question

(Economics)

A health clinic is debating about whether to spend money on a dialysis machine to treat those in the neighborhood suffering with diabetes. Diabetes is on the rise in their neighborhood, some estimates indicate that it may reach 50%. Currently, they send their patients to a clinic ten blocks away for dialysis.

What factors must they consider before making the decision to purchase a machine?
SELECT ALL THAT APPLY

How much will it cost to train the staff to effectively use the machine?
How will they be judged by their competitors?
How many patients will they need to treat in order to pay for the machine?
Will it provide a significant benefit to the neighborhood or should they spend their money on something else that might serve the population better?
Will they have to give up a crucial health service in order to have the dialysis machine in the clinic?

Answer 1

I believe the correct answers are the following:
> How much will it cost to train the staff to effectively use the machine?
> How many patients will they need to treat in order to pay for the machine?
> Will it provide a significant benefit to the neighborhood or should they spend their money on something else that might serve the population better?
> Will they have to give up a crucial health service in order to have the dialysis machine in the clinic?

It is important to weigh all the cost, urgency, importance and utility of the equipment before purchasing it.