Which of the following is not a result of certification of skills?
A)A stated minimum standard of service is provided.
B)A price higher than that which would have been charged if there were no certification.
C)A bigger quantity exchanged than that which would have resulted if there were no certification.
D)A profession is formed.

Question

Quizplus · Accepted Answer

Certification of skills often leads to a higher price and a minimum standard of service, but it typically results in a smaller quantity exchanged due to increased barriers to entry and higher costs.

Which of the Following Is Not a Result of Certification