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