In the medical profession, pediatricians receive lower salaries than cardiologists. Suppose the government passes comparable worth legislation that requires hospitals to pay pediatricians the same salaries as cardiologists. Explain the effect of this legislation and illustrate your answer with demand and supply graphs for the following two scenarios:
a. Hospitals respond by placing salaries at a level between the two existing salaries.
b. Hospitals respond by placing pediatricians' salaries at the initial level of cardiologists.

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The Answer of In the medical profession, pediatricians receive lower salaries than cardiologists. Suppose the government passes comparable worth legislation that requires hospitals to pay pediatricians the same salaries as cardiologists. Explain the effect of this legislation and illustrate your answer with demand and supply graphs for the following two scenarios:
a. Hospitals respond by placing salaries at a level between the two existing salaries.
b. Hospitals respond by placing pediatricians' salaries at the initial level of cardiologists.

In the Medical Profession, Pediatricians Receive Lower Salaries Than Cardiologists