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Why is the supply of physicians a major cause of concern? How would you expect the...

Why is the supply of physicians a major cause of concern? How would you expect the supply of physicians to affect physicians' income and the price and quantity of medical services provided? What is the actual evidence?

Ch. 9 Question 4 Health Economics and Policy

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Answer #1

Supply of doctors is concern because too less no. Of doctors will led to less care of patients as doctor per thousand population falls. This will led more load on avaliable doctors and thus quality of services deteriorate. More supply of doctors will shift supply curve downwards and income of doctors will fall. If supply falls doctors income rises. More doctors will also led to lower price of medical services. More quantity of medical services will be supplied.

Actual evidence is mentioned in book. Could not found it anywhere. Please upload relevant pages here

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