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Market supply function of public health nursing labor

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Reference no: EM131084714

What happens to the market supply function of public health nursing labor if:

Please answer all

a. Wages increase in hospitals. 

(labor supply increases, curve will not change, labor will decrease

b. Licensing requirements are made stricter for public health nurses.

(labor supply increases,  curve will not change, labor will decrease

c. Nursing schools close down.           

(labor supply increases,  curve will not change, labor will decrease

d. There is a minimum wage imposed on nurses.

(labor supply increases,  curve will not change, labor will decrease

e. The public image of public health nursing is improved

(labor supply increases,  curve will not change, labor will decrease

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The paper is about the answering the economics questions such as wage rate & quantity of supply labor along with the understanding of the supply of labor in relation to various pointers which is highlighted in the paper. This paper has been prepared in Microsoft office document.

Reference no: EM131084714

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inf1084714

8/19/2017 5:55:24 AM

Explain the relationship between the wage rate and the quantity of labor supplied. How will each of the following affect the supply for insurance? A larger pool of insured persons Lower administration costs for insurance companies Higher premiums (with no change in risk experience) A greater degree of risk aversion on the part of insurers

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