Exhibit 3-15 Medical Fees (dollars) Equilibrium Medical Fee Fe Medical Fee F1 Paid 0 Q1 Number of Doctors Refer to Exhibit 3-15. In Exhibit 3-15, at fee is a shortage of (Q3 - Q₁) doctors. surplus of (Q3 - Q₁) doctors. surplus of (Q2-Q₁) doctors. shortage of (Q2-Q₁) doctors. 1 there

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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55
Exhibit 3-15
Medical Fees
(dollars)
Equilibrium
Medical Fee
Fe
Medical Fee F1
Paid
0
Q1
Number of Doctors
Refer to Exhibit 3-15. In Exhibit 3-15, at fee F 1 there
is a
shortage of (Q3 - Q₁) doctors.
surplus of (Q3 - Q₁) doctors.
surplus of (Q2-Q1) doctors.
shortage of (Q2 - Q₁) doctors.
Transcribed Image Text:Exhibit 3-15 Medical Fees (dollars) Equilibrium Medical Fee Fe Medical Fee F1 Paid 0 Q1 Number of Doctors Refer to Exhibit 3-15. In Exhibit 3-15, at fee F 1 there is a shortage of (Q3 - Q₁) doctors. surplus of (Q3 - Q₁) doctors. surplus of (Q2-Q1) doctors. shortage of (Q2 - Q₁) doctors.
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