Maurice Tutor

(5)

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 28 Oct 2017 My Price 4.00

licenses to pet groomers

Zero Price for a Permit. Consider a city that initially issues five licenses to pet groomers and does not allow the licenses to be bought and sold. Shortly after an economist joins the city licensing authority, the city decides to allow the licenses to be bought and sold on the open market. Much to the surprise of the licensers, the price of the licenses was zero: No one was willing to pay a positive amount for a pet grooming license.

a. Explain why the price of grooming licenses was zero.

b. Illustrate your answer with a complete graph.

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Oct 2017 08:10 AM My Price 4.00

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