Comment by qsera
4 days ago
> But if this ever dropped back near 50 for long..
There is no reason why it would bounce back at 50. What if it bounce back at around 20 and settle around 30? Then you have less doctors than before...
4 days ago
> But if this ever dropped back near 50 for long..
There is no reason why it would bounce back at 50. What if it bounce back at around 20 and settle around 30? Then you have less doctors than before...
We already know that when the doctor production is 50, the number of potential doctors settles at 80.
Supply and demand means any lower doctor production causes even higher wages and that draws in even more potential doctors.
By what mechanism would it settle at 30? In particular, if it would settle at 30 despite an even harsher doctor shortage, why is it not already at or below 30?