how might each of the following be interpreted as an example of rent provision b
ID: 1173086 • Letter: H
Question
how might each of the following be interpreted as an example of rent provision by government?
A) State Laws require than out-of-state big-game hunters be accompanied by one of a limited number of liscensed in-state hunting guides.
B) An increase in the minimum wage increases the likelihood that firms will hire skilled unionized labor rather than unskilled labor.
C) A state law require that graduates of dental schools pass a stringent examination, established by a panel of dentists, in order to practice dentistry.
(initial thinking has Tariffs, quotas, and domestic content rules fits in with A, while Occupational Licensure is B&C but not 100% on this and I need to nail down this last question)
Explanation / Answer
none of these apply of rent provision.
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