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A number of professional associations, such as the American Medical Association and the American Bar Association, support regulations that make it more costlyfor their members

A number of professional associations, such as the American Medical Association and the American Bar Association, support regulations that make it more costlyfor their members (for example, doctors and lawyers) to practice their services. While some of these regulations may stem from a genuine desire for higher-quality medical and legal services, self-interest may also play a role. Explain.

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