Specializing in a surgical residency is extremely profitable

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Agree or disagree; DEFEND your answer. (Use 1-3 paragraphs to answer each one of these questions.) (30 points each)

a) Going to medical school and specializing in a surgical residency is extremely profitable, and the best evidence to support that is the high annual incomes earned by surgeons.

b) In markets for physician services, prices differ across providers in a single community only because of quality differences. (Hint: Which market structure fits the physician firm market best?)

Reference no: EM13889168

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