Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
banggedung banggedung
wrote...
Posts: 450
Rep: 4 0
5 years ago
Suppose the following two events occur in the domestic market for radiologists:
a.Some hospitals are outsourcing some radiology services such as reading x-rays.
b.Some medical schools have closed down their radiology departments as fewer students enroll
in this field.

What is likely to happen to the equilibrium wage and quantity of radiologists following these two events?

• The equilibrium wage and the equilibrium quantity of radiologists rise.

• The equilibrium wage and the equilibrium quantity of radiologists fall.

• The equilibrium quantity falls and the effect on the equilibrium wage of radiologists is indeterminate.

• The equilibrium wage falls and the effect on equilibrium quantity of radiologists is indeterminate.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 58 times
2 Replies
Replies
Answer verified by a subject expert
johnsykejohnsyke
wrote...
Posts: 406
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

banggedung Author
wrote...
5 years ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  751 People Browsing
 110 Signed Up Today
Related Images
  
 327
  
 159
  
 1034
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 308