Elucidate what other evidence could a manager look

Assignment Help Business Economics

Reference no: EM1365293

Suppose a hospital manager measures the market for registered nurses (a factor market) and the price (salary) that employers offer is $40,000 per year. The manager observes that there is a shortfall of 1000 nurses in the metro area. What does this say about the equilibrium salary (price) for nurses? What other evidence could a manager look for to infer whether a market is in equilibrium? What are possible causes of the shortage?

Reference no: EM1365293

Questions Cloud

Find the stock price and answer the question : Your company has declared a dividend of $2.50 per share. You and rest of the marginal investors are in the 35 percent tax bracket.

Describe the point at which diminishing returns occur : Describe the point at which diminishing returns occur. Indicate the points that delineate the three stages of production.

Fasb codification research system : What is the specific citation that provides guidance for determining whether an arrangement involving the sale of inventory is in substance a financing arrangement?

What is the force on a test charge q at the center : What is the force on a test charge Q at the center.

Elucidate what other evidence could a manager look : Elucidate what other evidence could a manager look for to infer whether a market is in equilibrium. What are possible causes of the shortage.

Fasb versus gasb : FASB has special rules for reporting on private health care organizations. And of course, if the health care organization is associated with government (as an SPE), then GASB rules. What are the similarities and differences in the accounting pract..

With what speed would the arrow leave the bow : with what speed would the arrow leave the bow.

Fasb and donations : Let's talk about donated services. Clearly unique to nonprofits (well, I've never heard of anyone willingly donating their time and efforts to General Motors, but I guess it's possible) - What does FASB say about donated services?

Why does technology impact the culture of an organization : How does technology impact the culture of an organization and Have you been impacted by technology where you work

User Account

All Pages