Pipes a million (pam), a plumbing supply company purchased a used van on april 1, 2015. the cost, including taxes and transportation was $50,000. pam expects to use the van for 4 years and they estimate that at the end of its 4 year useful life it will have a salvage value of $2,000. pam uses straight-line depreciation. a) record the purchase of the asset.

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.