Suppose a New Law Requires All Piercing Studios to Pass

question 259

Multiple Choice

Suppose a new law requires all piercing studios to pass tougher licensing tests and to begin using more costly sterilization methods. Other things constant, this law would cause

• A) an increase in the supply of piercings and a lower price for piercings.
• B) an increase in the supply of piercings and a higher price for piercings.
• C) a decrease in the supply of piercings and a higher price for piercings.
• D) a decrease in the supply of piercings and a lower price for piercings.

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Definitions:

Selective Serotonin Reuptake Inhibitors (SSRIs)

A class of drugs used to treat depression by increasing levels of serotonin in the brain.

Drug Therapy

The use of pharmaceutical drugs to treat or manage medical conditions, also known as pharmacotherapy.

Side Effects

Unintended reactions or consequences, often negative, resulting from the use of a particular medication or intervention.

Underprescribed

The situation where medications or therapies are provided at levels less than what is optimal for the condition being treated.