One reason the supply of carpenters is greater than the supply of physicians is because:

Question

Quizplus · Accepted Answer

Becoming a physician requires extensive education and training, resulting in a higher level of human capital compared to becoming a carpenter. The higher level of human capital necessary for physicians means that there are fewer people with the necessary skills and qualifications to become physicians, leading to a smaller supply of physicians compared to carpenters.

One Reason the Supply of Carpenters Is Greater Than the Supply