Figure 20-2 -At Existing Wage Rates, Hospitals Face a Shortage of Registered

Multiple Choice

Figure 20-2

-At existing wage rates, hospitals face a shortage of registered nurses.Some studies have suggested that an increase in RN wages will actually reduce the hours supplied by existing RNs, making it more difficult for hospitals to find RNs.Which panel in Figure 20-2, where the broken line indicates the existing wage rate, illustrates this case?

A) 1 
B) 2 
C) 3 
D) 4