The university states that emergency medical technicians ne be at all games to tend to medical needs. In the past, a certi athletic trainer would handle such needs. How does this ne regulation affect the demand for certified trainers and emergency medical technicians?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The university states that emergency medical technicians need
be at all games to tend to medical needs. In the past, a certifie
athletic trainer would handle such needs. How does this new
regulation affect the demand for certified trainers and
emergency medical technicians?
Select the correct answer below:
The demand for certified trainers will not change, while
O the demand for emergency medical technicians will
increase.
The demand for certified trainers and emergency
medical technicians will increase.
The demand for certified trainers will decrease, and the
O demand for emergency medical technicians will
increase.
The need for emergency medical technicians and
certified trainers will decrease.
Transcribed Image Text:The university states that emergency medical technicians need be at all games to tend to medical needs. In the past, a certifie athletic trainer would handle such needs. How does this new regulation affect the demand for certified trainers and emergency medical technicians? Select the correct answer below: The demand for certified trainers will not change, while O the demand for emergency medical technicians will increase. The demand for certified trainers and emergency medical technicians will increase. The demand for certified trainers will decrease, and the O demand for emergency medical technicians will increase. The need for emergency medical technicians and certified trainers will decrease.
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The elasticity of demand depends on the availability of substitutes. For instance, if there are a large number of substitutes available for a certain commodity then the elasticity of demand will be elastic.

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