Question

A nurse is using the principles of supply and demand in daily practice. Which of the following best describes this phenomenon?

a.The demand for nurses in public health is low, but the supply is high.
b.Few goods or services are available, the price tends to rise.
c.Supplies are low, nurses must find alternate resources.
d.Lesser-developed countries receive supplies from other countries.

Answer 1

The phenomenon of supply and demand in the nursing profession can be described as the demand for nurses in public health being low, while the supply is high. This can lead to challenges in the labor market for nurses.

Step-by-step explanation:

The correct option that best describes the phenomenon of supply and demand in the nursing profession is option a. The demand for nurses in public health is low, but the supply is high.

In the nursing profession, the demand for nurses in public health settings is often low due to factors such as low funding, limited resources, and a smaller population requiring such specialized care. However, the supply of nurses is high because there are many individuals who have pursued education and training in nursing.

This situation of low demand and high supply can lead to challenges in the labor market for nurses, such as high levels of competition for job opportunities and potential wage stagnation due to an excess supply of qualified nurses.