Consider the market for nurses. Suppose nurses are required to get an additional certification before they can apply for jobs. How will the equilibrium "price" of nursing change? There isn't sufficient information to answer the question. The price will decrease O The price will remain the same The price will increase

Comprehensive Medical Assisting: Administrative and Clinical Competencies (MindTap Course List)
6th Edition
ISBN:9781305964792
Author:Wilburta Q. Lindh, Carol D. Tamparo, Barbara M. Dahl, Julie Morris, Cindy Correa
Publisher:Wilburta Q. Lindh, Carol D. Tamparo, Barbara M. Dahl, Julie Morris, Cindy Correa
Chapter45: The Medical Assistant As Human Resources Manager
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Consider the market for nurses. Suppose nurses are required to get an additional certification before they can apply for jobs.
How will the equilibrium "price" of nursing change?
There isn't sufficient information to answer the question.
The price will decrease
The price will remain the same
The price will increase
Clear my choice
Check
Transcribed Image Text:Consider the market for nurses. Suppose nurses are required to get an additional certification before they can apply for jobs. How will the equilibrium "price" of nursing change? There isn't sufficient information to answer the question. The price will decrease The price will remain the same The price will increase Clear my choice Check
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