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.
B
Economics
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What will be an ideal response?
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Indicate whether the statement is true or false
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A) is infinite. B) is 1.0. C) is 0. D) depends on where one is on the demand curve.
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a. True b. False
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