Aldrin is a call center agent and has a daily wage of ₱ 2500. Aldrin takes an antihistamine drug once a day for his allergic rhinitis. He regularly visits his physician once a year to get a new prescription so that he could purchase another 1 year supply of his antihistamine drug. This visit takes place in the morning and he does not miss any work. Because his regular visit to his physician, it gained him 6 more productive workdays per year than if he had not received regular treatment for allergic rhinitis. Compute for the benefit-cost ratio of the antihistamine drug therapy given the following information. Please attach here your solution. Round-off your final answer to 2 decimal places and box your final answer.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
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Aldrin is a call center agent and has a daily wage of ₱ 2500. Aldrin takes an antihistamine drug once a day for his allergic rhinitis. He regularly visits his physician once a year to get a new prescription so that he could purchase another 1 year supply of his antihistamine drug. This visit takes place in the morning and he does not miss any work. Because his regular visit to his physician, it gained him 6 more productive workdays per year than if he had not received regular treatment for allergic rhinitis. Compute for the benefit-cost ratio of the antihistamine drug therapy given the following information. Please attach here your solution. Round-off your final answer to 2 decimal places and box your final answer.

 
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