Consider the labor market for heath care workers.Because of the aging population in the United States,the output price for health care services has increased.Holding all else equal,what effect does this have on the equilibrium quantity of health care employees?
A) The equilibrium quantity increases.
B) The equilibrium quantity decreases.
C) The equilibrium quantity does not change.
D) It is not possible to determine what happens to the equilibrium quantity.
Correct Answer:
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