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The following diagram depicts the market for physicians' services that is originally in equilibrium at the point where demand and supply {Q and $ )
The following diagram depicts the market for physicians' services that is originally in equilibrium at the point where demand and supply {Q and $ ) intersect. As physician supply increases from So to S] , an even larger concurrent shift in demand from Q) to D : 3112 o' Jhisrzsr'! Sanka. "a f\" A . \\' g \\\\I 2x: jr/ \\ _ "31K, /-":--\\ / \\ I: f : \\*\\. .r f D. tumm- anhmex-I dealt-.1 a. will result in a new equilibrium at P3 and 02- b_ will increase demand for physicians' services, but not spending. 3. will result in a decrease in the price efphysicians' services. d_ will cause overall spending on physicians' services to increase e_ will force physicians to limit the number of patients they see
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