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

Essentials Health Info Management Principles/Practices
4th Edition
ISBN:9780357191651
Author:Bowie
Publisher:Bowie
Chapter10: Introduction To Coding And Reimbursement
Section10.3: Health Care Reimbursement Systems
Problem 1E
icon
Related questions
Question
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
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Health Info Management Principles/Prac…
Essentials Health Info Management Principles/Prac…
Health & Nutrition
ISBN:
9780357191651
Author:
Bowie
Publisher:
Cengage
Comprehensive Medical Assisting: Administrative a…
Comprehensive Medical Assisting: Administrative a…
Nursing
ISBN:
9781305964792
Author:
Wilburta Q. Lindh, Carol D. Tamparo, Barbara M. Dahl, Julie Morris, Cindy Correa
Publisher:
Cengage Learning
Case Studies In Health Information Management
Case Studies In Health Information Management
Biology
ISBN:
9781337676908
Author:
SCHNERING
Publisher:
Cengage