Assume that the graph below describes the current labor market for nurses in a mid-sized city and that the labor market is perfectly competitive. If supply shifts from S₀ to S₁ and demand shifts from D₀ to D₁, then the equilibrium wage will ______, and the equilibrium number of nurses will ______.

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The Answer of Assume that the graph below describes the current labor market for nurses in a mid-sized city and that the labor market is perfectly competitive. If supply shifts from S₀ to S₁ and demand shifts from D₀ to D₁, then the equilibrium wage will ______, and the equilibrium number of nurses will ______.

Assume That the Graph Below Describes the Current Labor Market