How do legal restrictions on practice for nurses and physicians tend to affect the observed elasticities of
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How do legal restrictions on practice for nurses and physicians tend to affect the observed elasticities of substitution? Would the elasticities be higher if legal restrictions were removed? Would quality of care be affected?
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The elasticity of substitution refers to the ease with which one input in a production function can be substituted for another In the context of healt...View the full answer
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Related Book For 
The Economics Of Health And Health Care
ISBN: 9781138208049
8th Edition
Authors: Sherman Folland, Allen C. Goodman, Miron Stano
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