All of the following questions or statements regarding medical school are positive except:
A) How do changes in expected future incomes affect the decisions of medical students about which specialty to choose?
B) What role does tuition play in a student's decision about whether to attend medical school?
C) Have tuition increases had a large effect or a small effect on the number of applications to medical school?
D) Medical students who enter specialized fields make a larger contribution to society than do student who enter primary care.
D
You might also like to view...
Which of the following is not a market failure?
A. A lack of competition in some markets. B. Prices determined in competitive markets, which consumers, as individuals, have no control over. C. The presence of externalities in some markets. D. A lack of public goods desired by a majority of citizens.
Suppose the marginal physical product of labor at a shoe string factory is 1,500 shoestrings per hour at 80 hours, 1,200 per hour shoestrings at 90 hours, 800 shoestrings per at 100 hours, and 300 shoestrings per hour at 110 hours. If a shoestring maker’s wages are $60 per hour and each string sells for $0.05. What is the optimal use of labor for making shoestrings?
A. 80 hours B. 90 hours C. 100 hours D. 110 hours