Predict the impact on the supply and/or demand for physiotherapy services in eac

Question

Predict the impact on the supply and/or demand for physiotherapy services in each of the situations described below. In each case, draw a graph that includes an original supply and demand curve as well as the new, predicted supply or demand curve. Note: You are not required to submit the graphs; however, you must indicate the supply and/or demand curve shifts, the direction of each shift, and the predicted changes in equilibrium price and quantity (increase, decrease, or indeterminate).

-Physiotherapy services are covered less generously by provincial health plans than previously.

-Physiotherapy professional associations significantly raise their entrance standards.

-An aging population incurs more muscle and joint injuries that require physiotherapy treatments.

-Events b. and c. occur simultaneously.

Explanation / Answer

- Physiotherapy services are covered less generously by provincial health plans than previously.

the insurance cover for the Physiotherapy services is less this implies the demand is less and the percentage of the amount paid by the people is more.

the suppy of the such plans is less as the cost is the primum is less.

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