Author Question: Which of the following may be used by a plumber's union or a medical professional association to ... (Read 28 times)

student77 · **on:** Jun 30, 2018

Which of the following may be used by a plumber's union or a medical professional association to restrict membership?
a. all of the following are correct
b. long apprenticeship periods
c. difficult qualification exams
d. stringent education standards
e. high initiation fees

Question 2

One reason for international specialization in production is
a. a high tariff imposed by a national government
b. a low tariff imposed by a national government
c. diminishing returns to a variable factor of production
d. the different resource endowments throughout the world
e. high fixed costs of production