Contemporary Labor Economics 9th Edition by Campbell Mcconnell, Stanley Brue, David Macpherson, Robert Powell, David Colander

Exercise 10

How might each of the following be interpreted as an example of rent provision by government
a. State laws require that out-of-state big-game hunters be accompanied by one of a limited number of licensed in-state hunting guides.
b. An increase in the minimum wage increases the likelihood that firms will hire skilled unionized labor rather than unskilled labor.
c. A state law requires that graduates of dental schools pass a stringent examination, established by a panel of dentists, in order to practice dentistry.