Certain professions limit the number of students who are eligible to enroll in their programs in university - engineering,architecture,dentistry,and law,for example.Other things being equal,what is one predicted effect of such restrictions?
A) decreased wages in the labour market outside of these professions
B) increased wages in the labour market outside of these professions
C) increased wages across all segments of the labour market
D) decreased wages across all segments of the labour market
E) there will be no effect on any wages
Correct Answer:
Verified
Q1: FIGURE 14- 5 Q2: FIGURE 14- 5 Q3: The table below shows the labour Q4: In Canada in 2011,the share of total Q5: The fundamental dilemma facing labour unions is Q7: Suppose there is a competitive market for Q8: Labour- market discrimination,which keeps one group of Q9: The diagram below shows the supply and Q10: The diagram below shows the supply and Q11: Suppose there is a competitive market for
A)members'
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents