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Occupational Licensing Laws Were Originally Created to Attain the Following

question 122

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Occupational licensing laws were originally created to attain the following goals, except to

Determine the efficient level of production and consumption in the presence of external costs and benefits.
Understand the concepts of artificially scarce goods and natural monopolies, including their cost structures.
Analyze profit maximization strategies for firms in different market structures, including the role of fixed and marginal costs.
Calculate consumer surplus and understand its significance in market transactions.

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