Question

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

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

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

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. Which of the following would you NOT expect to be an effect of a large...
1. Which of the following would you NOT expect to be an effect of a large increase in the number of insured persons. a.The demand curve for health care shifts to the right. b.The price of health care increases. c. Total health care expenditure increases. d. The quantity of health care used decreases. 2. The patent on a medication will soon expire. Which of the following would we NOT expect to happen after the patent expires? a.The price of the...
How would you expect a large decrease in aggregate demand (the Coronavirus demand shock) to affect...
How would you expect a large decrease in aggregate demand (the Coronavirus demand shock) to affect real GDP in the price level? Explain how and why the spread of the Coronavirus is likely to affect consumer and business investment spending and how it will affect aggregate demand? Be specific. aggregate supply curves are blank for low levels of output, and blank for higher levels of output.
30 of 50 A decrease in the reserve ratio will cause the money supply to decrease....
30 of 50 A decrease in the reserve ratio will cause the money supply to decrease. cause the money supply to increase. not affect the money supply. decrease the money multiplier. Question 31 of 50 The term "depository institution" refers to commercial banks only. credit unions only. savings and loan associations only. commercial banks, credit unions, and savings and loan associations. Question 32 of 50 Goldsmiths were able to practice an early form of fractional reserve banking because they knew...
1) Briefly indicate how you would expect each of the following events to affect the US...
1) Briefly indicate how you would expect each of the following events to affect the US supply of turkeys and explain your reasoning. The supply elasticity is 0.40 (5 points each). a. A 20% decrease in the price of corn and soybeans. b. A 10% increase in the price of turkeys. c. Development and adoption of a new synthetic hormone that decreases turkey mortality and improves feed efficiency.
Which of the following would not be a central issue in economics? Question 1 options: How...
Which of the following would not be a central issue in economics? Question 1 options: How is production carried out? Who consumes what? What goods are produced? When are goods consumed and produced? None of the above Question 2 (1 point) Which of the following would be of particular interest to a micro-economist? Question 2 options: amount of fruit the typical household consumes nation’s inflation rate nation’s rate of unemployment budget of the national government Question 3 (1 point) People...
Using supply and demand diagrams, illustrate how each of the following would affect the equilibrium price...
Using supply and demand diagrams, illustrate how each of the following would affect the equilibrium price and equilibrium quantity of red wine bought and sold. (1) An increase in the price of whisky. (2) Wide-spread wild fires destroying many of grapevines in California. (3) A decrease in average income levels due to recession.
Suppose you are the manager of a California winery. How would you expect the following events...
Suppose you are the manager of a California winery. How would you expect the following events to affect the market equilibrium price (up or down) you receive for a bottle of wine? Please state the shift (leftward or rightward) of demand or supply. a. The price of comparable French wines increases. b. One hundred existing wineries close in California. c. The price of a glass bottle increases significantly due to new government anti-shatter regulations. d. The average age of consumers...
1) Why would there be cause for concern if a young pregnant mother is Rh-, her...
1) Why would there be cause for concern if a young pregnant mother is Rh-, her husband is Rh+, and this is their second child? 2) A total WBC count and a differential WBC count have been ordered for Mrs. Johnson. What information is obtained from the differential count that the total count does not provide? 3) List three blood tests that might be ordered if anemia is suspected. 4) A patient complains of no energy, a chronic sore throat,...
Using demand and supply analysis, illustrate how each of the following scenarios would affect the equilibrium...
Using demand and supply analysis, illustrate how each of the following scenarios would affect the equilibrium price and quantity in the respective markets. The use of carefully labelled diagrams is required with an explanation. a. The introduction of a new technology reduces the cost of production for all firms in the computer market. b. A strong advertising campaign has caused the consumer to demand more Pepsi at every existing price. c. The passage of Dorian a category 5 hurricane destroys...
4. Student nurses are questioning the benefits of joining a professional nursing organization during a class...
4. Student nurses are questioning the benefits of joining a professional nursing organization during a class discussion. Which statement by the instructor will best address their concern? Select all that apply ▪ They have successfully elevated the nursing professionalism ▪ They have developed the paradigms that influence and affect public health ▪ They have given voice to the inequalities that affect the society ▪ They have a long and consistent relationship with public policy ▪ They are regarded as major...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT