The population of the U.S. is aging and the baby-boomer generation will soon begin retiring in large numbers. At the same time, increases in medical malpractice lawsuits have caused many doctors to leave the profession. On the basis of this information, what can be said about the conditions in the medical care industry in the near future, ceteris paribus?
A The supply curve of medical care will shift to the left.
B. The demand curve for medical care will shift to the right.
C. The equilibrium price of medical care will increase.
D. All of the above will happen.