Predict the impact on the supply and/or demand for physiotherapy services in
each of the situations described below. Youmust 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.