How would analysis change if the exam also raised quality


Problem

The Application "Occupational Licensing" analyzed the effect of exams in licensed occupations given that their only purpose was to shift the supply curve to the left. How would the analysis change if the exam also raised the average quality of people in that occupation, thereby also affecting demand?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How would analysis change if the exam also raised quality
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