Predict the effect of the supreme court ruling on the price

Assignment Help Microeconomics
Reference no: EM132206564

Question: The North Carolina State Board of Dental Examiners had been requiring that only licensed dentists be allowed to sell teeth-whitening services. The board brought legal action against hair salons and spas that also offered these services, arguing that only licensed dentists had the training to ensure that consumers weren't injured in the teeth whitening process. In 2015, the U.S. Supreme Court ruled that a federal government agency had the authority to stop the board from preventing non-dentists from offering teeth-whitening services. According to a news report, the federal agency argued that the dental board was motivated by financial self-interest, not health concerns.

a. Predict the effect of the Supreme Court ruling on the price and quantity of teeth-whitening services offered in North Carolina.

b. Can we be sure that the result of the decision will be to increase the well-being of consumers of teeth-whitening services in the state? Briefly explain.

Reference no: EM132206564

Questions Cloud

What kind of analysis might the board undertake : Raze the building and sell the site and all or part of the surroundingplaying fields as building lots (from 6 to 12 lots, depending on howmuch land is sold).
Write a module called point : Write a module called point. The module's code is intended to represent and manipulate points in 2-dimensional space
How would you communicate the value of diversity : Communicating the value of diversity in the workplace. How would you communicate the value of diversity?
Challenges of future ftth access networks : Discuss requirements and challenges of future FTTH access networks - Discuss promising future techniques for FTTH access networks
Predict the effect of the supreme court ruling on the price : The North Carolina State Board of Dental Examiners had been requiring that only licensed dentists be allowed to sell teeth-whitening services.
What is the utility level achieved by any consumer : Write down the production side equilibrium conditions for the model and use these plus the demands to solve for the general equilibrium in Autarky?
How do you think the employer would respond : If John Mills or the union filed a complaint with the LRB of BC, how do you think the employer would respond? Why? If you were the Investigator at the BC LRB.
Discuss element of a mobile marketing campaign : Select a B2C B2B, or non profit organization, business, or brand of your choice. Outline and discuss each element of a mobile marketing campaign utilizing.
What are some of criticisms of traditional national income : What are some of the criticisms and limitations of traditional national income accounting measures? What might you use to enhance these measures?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd