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ECON 2106 Lecture 1: Ch 2 Supply & Demand - lecture 1

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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.

Regulatory policies protect consumers by:
A) overseeing &amp; limiting businesses. B) deciding how to tax &amp; spend money. C) controlling the supply of money. D) providing public assistance programs.

What happens to the equilibrium price when quantity of supply &amp; demand shifts upward?

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ECON 2106 Lecture 1: Ch 2 Supply & Demand - lecture 1

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