Question

After World War I in 1945, the United States experienced a "baby boom" as birthrates rose and remained high through the early 1960s. In 2011, the first members o the baby boom generation became older than 65. What effect willthis have on the market for hospital facilities? As the first baby boomers become older than 65, the

0 A, demand curve for hospital facilities will shift to the right.
O B. demand curve for hospital facilities will become vertical
O C. demand curve for hospital facilities will shift to the left
O D. supply curve for hospital facilities will shift to the right
O E. quantity of hospital facilities demanded will increase.

Answer 1

Answer:

A, demand curve for hospital facilities will shift to the right.

Step-by-step explanation:

As the first baby boomers become older than 65, the demand for hospital facilities would increase. Incesse in demand would result in a shift of the demand curve to the right.

Only changes in price of hospital facilities would lead to a movement along the demand curve for hospital facilities.

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