Support the supplier induced demand hypothesis

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Reference no: EM13977252

Dranove and Wehner (1994) argue that the statistical evidence used to support the supplier induced demand hypothesis is invalid because they find that the same statistical techniques also suggest that obstetricians induce demand. Briefly explain the supplier-induced demand hypothesis and why this finding by Dranove and Wehner is evidence against the hypothesis.

Reference no: EM13977252

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