[The One and Only...]

Yes, there would. That factor is called equal wages.

Equal wages distort the factors that determine the wage, the supply of and demand for people to fill certain occupations.

Because of that distortion, incentive to fill occupationsl either decreases or increases corresponding to the increase or decrease in the wage.

In layman's terms, fewer people would become doctors because the job pays less, and more would become artists because the job pays more.

This causes a shortage of doctors and an excessive number of artists.

Understand?