The labor market for ultrasound technicians in Cleveland is initially in equilibrium.Which of the following would lead to a lower wage rate and higher employment in that market?
A) a drop in demand for diagnostic services at Cleveland hospitals
B) a drop in the price of ultrasound equipment
C) an increase in the length of training required for ultrasound technicians
D) a shift in potential workers' tastes away from hospital and clinical work
E) a wage decrease for ultrasound technicians in nearby cities
Correct Answer:
Verified
Q46: An increase in the cost of acquiring
Q47: An increase in the cost of acquiring
Q48: The wage premium for the average college
Q49: Wage rates in other markets are assumed
Q50: Which of the following could explain an
Q52: As the wage rate increases for computer
Q53: Each of the following,except one,would lead to
