Suppose That the Labor Market for Life Guards Is Initially

question 333

Multiple Choice

Suppose that the labor market for life guards is initially in equilibrium. Then the marginal productivity of life guards increases. What happens to the equilibrium wage and quantity of life guards?

• A)Both the equilibrium wage and quantity increase.
• B)Both the equilibrium wage and quantity decrease.
• C)The equilibrium wage increases, and the equilibrium quantity decreases.
• D)The equilibrium wage decreases, and the equilibrium quantity increases.

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Definitions:

Evidence-Based Practice

A healthcare approach integrating the best current scientific evidence with clinical expertise and patient values in the decision-making process for patient care.

Evidence-Based Practice

A decision-making process that integrates the best available research evidence with clinical expertise and patient values.

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The best available benchmark or highest level of quality against which other things of a similar nature are compared.

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