If a Law Is Passed Making It Illegal for Unlicensed

question 61

Multiple Choice

If a law is passed making it illegal for unlicensed barbers to cut hair,which of the following will result?

• A)Higher quality haircuts
• B)Higher priced haircuts
• C)Cleaner,more sanitary barber shops
• D)Lower priced haircuts
• E)More barbers in the trade

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Definitions:

Wheat

A staple grain that serves as a primary food source for a large portion of the world's population, used in a variety of products including bread, pasta, and cereal.

Cattle

Domesticated bovine animals raised for their meat (beef), milk, or hides, or as working animals.

Absolute Advantage

The capability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.

Tractors

Heavy vehicles designed for agricultural use, primarily to mechanize farming tasks including plowing, planting, and harvesting.