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In Alabama,it is illegal to hunt alligators without a license.The government controls the number of licenses that can be purchased each year; thus,there is a limit on the number that can be purchased.Assuming there is an unlimited supply of alligators in Alabama,what would happen to the price and quantity of alligator sausage if the government stopped controlling the number of these hunting licenses?
Especially Pleasing
Specially or particularly gratifying, enjoyable, or satisfying to an individual's tastes or senses.
George Homans
An American sociologist known for founding behavioral sociology and for his advancements in social exchange theory.
Success-Stimulus
The motivation or drive that individuals or organizations experience following successful outcomes, encouraging further efforts or achievements.
Exchange Network
A social structure formed around the dynamics of exchanging goods, services, or information among individuals or organizations.
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