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Many states have legal restrictions on entry. For example, to cut hair in Arizona you have to have the government's permission. A cosmetology (relating to
Many states have legal restrictions on entry. For example, to cut hair in Arizona you have to have the government's permission. A cosmetology (relating to hair, makeup, skin care etc) student gave free haircuts to the homeless as an act of service and was under investigation by the Arizona State Board of Cosmetology in February 2017. Suppose entry is deterred into the industry relative to no government intervention. This acts as a ____ shock which then ___ prices
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