The Justification for Occupational Licensing Laws Is That They Protect

question 99

Multiple Choice

The justification for occupational licensing laws is that they protect the public from incompetent practitioners (for example, lawyers and medical doctors) , but the laws also result in

• A)higher prices and restrictions on the number of people who can enter the professions affected by the laws.
• B)economies of scale.
• C)ownership of a key input.
• D)an increase in the amount of output required to achieve minimum efficient scale.

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Definitions:

Peripheral Route

A persuasive strategy that relies on superficial cues rather than substantive arguments to influence someone's attitude or behavior.

Central Route

A method of persuasion that involves high levels of cognitive processing, where the audience considers logical arguments and substantial evidence.

Elaboration Likelihood Model

A theory explaining different ways of processing stimuli, why they are used, and their outcomes on attitude change.

Attractive Celebrities

Famous individuals who are widely recognized and considered appealing or desirable in appearance.