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Author Question: The services of real estate brokers are provided in a competitive market. If the state Board of ... (Read 76 times)

HCHenry

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on: Jul 1, 2018
The services of real estate brokers are provided in a competitive market. If the state Board of Realtors enacts several requirements that limit the number of real estate brokers, then social welfare will most likely
 
  A) not change, but there will be a transfer from consumer to producer.
  B) not change, but there will be a transfer from producer to consumer.
  C) decrease, although producers are made better off.
  D) decrease, although consumers are made better off.

Question 2

The services of real estate brokers are provided in a competitive market. If the state Board of Realtors enacts several requirements that limit the number of real estate brokers, then consumer surplus will most likely
 
  A) increase.
  B) decrease.
  C) remain unchanged.
  D) There is not enough information to answer.
Microeconomics ¦ Perloff ¦ 8th Edition
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izzat

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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HCHenry

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Reply 2 on: Jul 1, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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