Discuss whether or not an increase in the wages of dentists will increase the number of dentists employed. [8]
Question
Discuss whether or not an increase in the wages of dentists will increase the number of dentists employed. [8]
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Solution 1
- Demand and Supply: The number of dentists employed is determined by the demand and supply of dentists. If the demand for dentists is high, then an increase in wages could attract more people to the profession, thereby increasing the number of dentists employed. However, if the supply of dentists Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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