There Is Currently a Shortage of Available Workers in Which

question 5

Multiple Choice

There is currently a shortage of available workers in which occupational market?

• A)teachers/professors
• B)healthcare
• C)industrial chemists
• D)accountants
• E)geologists

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Definitions:

Intersect

The point at which two or more lines, paths, or items meet or cross each other.

Equilibrium Price

The price at which the quantity of a product offered is equal to the quantity of the product demanded, resulting in market stability.

Quantity Demanded

The cumulative quantity of a product or service that buyers are ready and capable of buying at a certain price during a defined timeframe.

Quantity Supplied

The amount of a certain good or service that producers are willing and able to sell at a specific price.