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7 May, 17:19

Suppose the quantity of nursing services demanded exceeds the quantity of nursing services supplied. The nursing wage rate will:

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  1. 7 May, 20:11
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    The nursing wage rate will increase.

    Explanation:

    When in any particular field of service sector demand exceeds more than the number of services supplied the rate of particular service increases in related manner.

    Same goes with the nursing wage rate will increase if the supplies will be short in compared to the number of nursing services demand. If the supplies is not enough to fulfill the demand it will affect the wage of nursing in result.

    Thus, the correct answer is - increases.
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