Answer: hi your question is incomplete below is the complete question
Suppose we increase the overall number of doctors in the U.S. in all fields and specialties of medical practice by equal percentages, which would shift the supply curves in all the respective medical practice markets. Suppose we were to analyze two separate medical practice markets: Plastic Surgery Cardiology Which markets' price would be most impacted by this increase in the supply of doctors? Which markets' quantity would be most impacted by this increase in the supply of doctors?
answer :
Change in Market price = Cardiology
Change in Quantity = Plastic surgery
Step-by-step explanation:
Given that we are analyzing two separate markets with different levels of importance .
The demand for plastic surgery is more elastic when compared with Cardiology and this is due to the importance of Cardiology over plastic surgery.
The<em> market price </em>that will be affected by the increase in doctors supply is <em>Cardiology market price </em> while the <em>Market quantity</em> that would be affected by the increase is <em>quantity of Plastic surgery </em>
To answer this item, we let x be the amount of sales for each of them. Their weekly earnings would be as follows,
Rico:
750 + 0.05x
Sean:
1100 + 0.025x
Equating both expressions,
750 + 0.05x = 1100 + 0.025x
Simplifying,
0.025x = 350
The value of x from the equation is 14000.
Answer: $14,000.
◆ Area related to Circles ◆
Hey !!
Check the attachment.
Hope it helps you :)
Answer:70%
Step-by-step explanation: Convert the fraction to a decimal, then multiple by 100.