Using your understanding of shifts in supply also demand

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Q1. In an attempt to reduce poaching of elephant ivory tusks, officials in Kenya burned illegally gathered ivory. Using your understanding of shifts in supply also demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part?

Q2. Consider the labor marketplace for heath care workers. Since the aging population in the United States the output price for health care services has increased. Holding all else equal, illustrate what effect does this have on the labor marketplace for health care employees?

Reference no: EM1320568

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