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Posts: 190
3 weeks ago
An electrician licensing program in the state of North Carolina requires each electrician to obtain a license and renew it each year. Which of the following is a result of having the licensing program in NC?

▸ a decrease in total surplus

▸ an increase in the quality of electrician

▸ excess demand for electrical service

▸ All of the above are a result of the licensing program.
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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Posts: 235
3 weeks ago
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All of the above are a result of the licensing program.
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3 weeks ago
Thank you
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3 weeks ago
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