cheap blank basketball jerseys A great example of creating a strategic barrier to entry
industry associations). Why would occupations want to be licensed? Here is the economic view (from the article)
“Occupations prefer to be licensed because they can restrict competition and obtain higher wages.”
Licensing enables supporting higher prices (by making it harder for new firms to enter). A study cited in the article found that licensed workers earn, on average, 15% more than their unlicensed counterparts in other states. Clearly, it can make the industry quite attractive for incumbents
“If you go to any statehouse, you see a line of occupations out the door wanting to be licensed.”
The clincher is that these regulations often exempt existing providers (incumbents) from being subject to these requirements (emphasis below mine).
“In Michigan, for instance, it will soon be a felony to practice massage without a license. Newcomers to the field must take 500 hours of classes and pass an exam to get that license. But a grandfather clause exempts most current massage therapists, including those who may never have taken a class at an accredited school.”
Clearly, this action by Incumbents raises barriers to entry and makes the industry more attractive to them now that is a great example of an Endogenous (or Strategic) Barrier to Entry. Because the pigment deeper treatment more difficult, increased frequency, the higher the price. Individual due to pigment cells deep in the dermis need after 56 treatments, while the relatively shallow only once or more than we can achieve clear purpose, but a friend assured, its for the skin without any harm, no pain. In fact now, this minute there is nothing wrong with that. But yet the right to manage distributed to a wrong person . Gosh! She exclaimed, when I found her screaming particularly beautiful, your eyes do not want it! Really were her words in it. The past two decades I have been competing with children and eyes. This is something female teacher and later into the book to the library is always with me, what to buy art books entirely by not buying what I say, I took the opportunity to buy a better watch their favorite books. In addition, formamide is volatile, can release ammonia, to stimulate the body to produce tears, coughing, shortness of breath and other symptoms, when consumers buy mats smell the odor should be that excessive addition of formamide exudes the flavor quality department said that the human body does have formamide some irritation, but foam puzzle mats in the addition of the substance,
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