1.Rent Seeking Questions in Monoploly Markets
a) In Florida, home solar panels can only be purchased from the local power company. Who is helped by these laws? Who is hurt?
b) A number of cities place special limits on food trucks. For example, in Chicago, food sold from a food truck must be cooked elsewhere. Who is helped by these laws? Who is hurt?
c) Florida requires commercial interior designers to be licensed. Potential designers must complete six years of schooling and apprenticeship and pass a two-day exam. Who is helped by these laws? tWho is hurt?
d) In Oklahoma, it is illegal to sell a coffin, unless you are a licensed funeral director. Becoming licensed requires several years of college, serving an apprenticeship and passing two exams. Who is helped by these laws? Who is hurt?
1.Rent Seeking Questions in Monoploly Markets
a) In Florida, home solar panels can only be purchased from the local power company. Who is helped by these laws? Who is hurt?
b) A number of cities place special limits on food trucks. For example, in Chicago, food sold from a food truck must be cooked elsewhere. Who is helped by these laws? Who is hurt?
c) Florida requires commercial interior designers to be licensed. Potential designers must complete six years of schooling and apprenticeship and pass a two-day exam. Who is helped by these laws? tWho is hurt?
d) In Oklahoma, it is illegal to sell a coffin, unless you are a licensed funeral director. Becoming licensed requires several years of college, serving an apprenticeship and passing two exams. Who is helped by these laws? Who is hurt?
