A license is usually required to run certain types of businesses. Licensing serves the purpose of
A) Protecting consumers from fraud.
B) Ensuring a minimum degree of competence.
C) Ensuring a minimum level of quality.
D) All of the above.
Correct Answer:
Verified
Q35: Which of the following will not result
Q36: Which of the following is not an
Q37: Which of the following nations has the
Q38: Presence of negative externalities causes the market
Q39: Presence of negative externalities causes the market
Q41: The right granted by the federal government
Q42: Businesses often complain about Environment Protection Agency
Q43: Market failure can be best described as
Q44: Externalities can
A) only create negative side effects.
B)
Q45: Your neighbor fixes up his house, mows
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