In the United States, the incomes of specialists such as heart surgeons can easily triple the incomes

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In the United States, the incomes of specialists such as heart surgeons can easily triple the incomes of primary care practitioners. Use the Five Forces to offer explanation for this disparity. Can you think of any other possible explanations?

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Economics of Strategy

ISBN: 978-1118319185

6th edition

Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer

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Question Posted: Sep 13, 2017 12:53 AM

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In the United States, the incomes of specialists such as heart surgeons can easily triple the incomes

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The Five Forces explain the income disparity between specialists and primary care practitioners very well Rivalry There is very little excess capacity ...View the full answer

Economics of Strategy

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