The motion that neurosurgeons are better with nerve while orthopedist is better with bone does not apply anymore. Orthopedic spine surgeons learned how to handle nerves and neurosurgeons specializing in spine learned how to handle drill and screw driver. There is another reason for picking specialist over generalist.
Why does quantity supplied increase when price increases? A: The quantity of a particular good supplied in a market increases as price goes up because suppliers have an increased interest in producing goods to generate higher amounts of revenue. This is a basic principle of the law of supply and demand. Continue Reading.
, the equilibrium price will increase and the equilibrium quantity will decrease as consumers move along the demand curve to the new higher price and associated lower quantity demanded. The quantity demanded at each price is the same as before the supply shift, reflecting the fact that the demand curve has not shifted.