Hello I really need some help with this I am really confused If individuals decided to change career paths to become Registered nurses, would this, ceteris paribus, be reflected as a change in demand or a change in supply in the market for Registered nurses Explain Be sure to clearly identify a textbook variable or determinant that is causing this change Would this change be an increase or decrease Explain Would this change result in a surplus or in a shortage in the market for Registered nurses Explain Given this surplus or shortage, how will a new equilibrium be established What do you predict will happen to the equilibrium price and the equilibrium quantity exchanged in the market for Registered nurses Explain Illustrate your change in 3 on a graph (yes a second one) of the market for Registered nurses Label your graph fully using the sample graph for the Milk Market (see that PDF) as an example Be sure to clearly indicate the surplus or shortage distance and what happens to equilibrium price and equilibrium quantity exchanged on your graph using arrows Provide a legend as well

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Question: Hello I really need some help with this I am really confused If individuals decided to change career paths to become Registered nurses, would this,

Hello I really need some help with this I am really confused

If individuals decided to change career paths to become Registered nurses, would this, ceteris paribus, be reflected as a change in demand or a change in supply in the market for Registered nurses?Explain.Be sure to clearly identify a textbook variable or determinant that is causing this change.Would this change be an increase or decrease?Explain.Would this change result in a surplus or in a shortage in the market for Registered nurses?Explain.Given this surplus or shortage, how will a new equilibrium be established?What do you predict will happen to the equilibrium price and the equilibrium quantity exchanged in the market for Registered nurses?Explain.

Illustrate your change in #3 on a graph (yes a second one) of the market for "Registered nurses".Label your graph fully using the "sample graph for the Milk Market " (see that PDF) as an example.Be sure to clearly indicate the surplus or shortage distance and what happens to equilibrium price and equilibrium quantity exchanged on your graph using arrows.Provide a legend as well.

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