In 2020, the merkel company had revenues of $2,650,000 and costs of $2,150,000. during 2021, merkel will be introducing a new product line that is expected to increase sales revenue by $265,000 and costs by $173,000. assuming no changes are expected for the other products, the operating profits are expected to increase by:

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.