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Suppose a professional association strengthened the limits to entry into their profession and at the ...

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Suppose a professional association strengthened the limits to entry into their profession and at the ...

Suppose a professional association strengthened the limits to entry into their profession and at the same time lengthened its required apprenticeship program. The likely effect would be that

▸ there would be an increase in the quantity of labour supplied.

▸ both the demand and supply curves for labour would shift to the left.

▸ the supply curve for labour would shift to the right.

▸ the demand curve for labour would shift to the right.

▸ the supply curve for labour would shift to the left.

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Microeconomics

Edition: 17^th

Author: Ragan

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This helped my grade so much Perfect

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