Question

Which of the following will not cause a shift in the long-term care supply curve

(mutiple choice)

a. An increase in long- term care facilities

b. A change in the amount of student aid available to promising undergra studying nursing .

c. A change in the market price of long- term care.

Answer 1

A. A will cause a change in the supply of long term care facilities as it will increase the supply or number of facilities thereby changing the supply curve, shifting the supply curve to the right.

B. A change in the amount of student aid will not change the supply but will impact the demand of the long term care. Therefore having no other impact on the supply curve.

C. A change in the market price will have an impact on the supply curve, a change in the price will cause a movement along the supply curve, whereas a change in input costs will cause a shift in supply curve.

Therefore the Option is B.