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Projected increase or decrease in supply or an increase in quantity supplied a decrease in quantities wide for each of the following events and supply for x-rays at a radiology lab. Also protect the change in equilibrium price and equilibrium quantity for each event. Please treat each of them separately 2 Marks for each.

1. The price of x-ray film increases

2. An increase in productivity of x-ray technicians

3. And increasing complexity of medical cases that require more complex x-ray procedures

4. More ultrasounds done by different technicians at different labs are performed instead of x-rays

Macroeconomics, Economics

  • Category:- Macroeconomics
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