Three years ago, Marshall purchased an automobile for personal purposes for $38,000. In 2019, he contributes the automobile to his business. At the time of the contribution the automobile was appraised for $22,000.
The basis of the cost recovery for the automobile is .

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.