The short-run supply curve for medical doctors is more likely to be

a

perfectly elastic

b

perfectly inelastic

c

fairly inelastic

d

fairly elastic

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b

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Iember_codes
3 years ago
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Option B is totally wrong because it implies that no matter change in price of medical services the supply of medical doctors will remain constant.
The correct answer is C fairly inelastic because it implies that a change in price of medical services will cause a less significant change in supply of medical doctors because it takes years to study medicine and so ot is a matter of time and a doctor who spent about 5-6 years won't just change in career because of a little change and one from another profession would not decide to spend an additional 5-6 years studying medicine because of a change in medical services

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