They have longer life expectancies and lower infant

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: es must be unimpeded by financial or other barriers. physician fees and quantity • a large reason for the reduced fees in Canada is that provincial governments constitute monophonies of physician labor. • monopsony- provincial governments face upward sloping supply curves for physicians, so that marginal labor cost of raising the fees for one physician requires raising the fees for all others. • savings did not come from reduced volume of care why are fees and hospital costs lower in Canada? a...
View Full Document

Ask a homework question - tutors are online