Which of the Following Is Not Necessarily a Consequence of Occupational

question 138

Multiple Choice

Which of the following is not necessarily a consequence of occupational licensing laws?

• A)They restrict competition.
• B)Consumers pay higher prices for the services of licensed professions.
• C)They result in a higher quality of service.
• D)They ensure that licensed professionals meet some minimum qualifications.

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Definitions:

Expensive

Describes goods or services that have a high price or cost, often relative to similar items.

Mad Cow Disease

A neurological disorder in cattle that can be transmitted to humans, leading to a fatal brain disease known as variant Creutzfeldt-Jakob disease.

Upward Pressure

A situation in which there is an increase in prices or demand in the economy or a specific market.

Cattle

Large domesticated herbivores that are raised primarily for meat (beef), milk, and hides, playing a significant role in agricultural economies.