1. What is the corridor principle? How does "corridor principle" help entrepreneurs/intrapreneurs in generating new business ideas? Is this a general theory or partial theory and why so? 2: How do societal changes in population demographics create business opportunities? Explain this with examples for cases) of specific business, company or industry.

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.