Multiple Choice
Assume that the graph below describes the current labor market for nurses in a mid-sized city and that the labor market is perfectly competitive. Suppose that several years ago the supply of nurses in this city was S₀. What might explain the change from S₀ to S₁?
A) An increase in nurses' wages
B) A decrease in nurses' wages
C) Increased immigration of people trained as nurses in other countries
D) Increased employment opportunities outside of nursing
Correct Answer:

Verified
Correct Answer:
Verified
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