Which of the following is true of creating a sole proprietorship? Group of answer choices No state government approval is required. Federal taxation is levied upon sole proprietorship No licenses are required to do business within a city or state Special permission must be obtained to receive a sole proprietorship status. None of the above

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.