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meikunn2565 meikunn2565
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4 years 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

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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lindslinds
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4 years ago
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meikunn2565 Author
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#2
4 years ago
Thank you
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