Multiple Choice
The demand for orthodontists' services falls as the proportion of the population that obtains braces falls. It may take several years before the new long-run equilibrium for the orthodontic labor market is attained. In the meantime, the orthodontic labor market experiences a
A) shortage.
B) quality decrease.
C) surplus.
D) excess demand.
Correct Answer:

Verified
Correct Answer:
Verified
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