Recently in the City of Seoul, building contractors lobbied the city council to pass an ordinace requiring all people working on residential dwellings be licensed by the city. Why would the contractors lobby for this requirement? A. to create legal barrier to entry B. to reduce the cost of building dwellings C. to guarantee that work on dwellings is of high quality D. to avoid informal settlers

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter2: The One Lesson Of Business
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Recently in the City of Seoul, building contractors lobbied the city council to pass an ordinace requiring all people working on residential dwellings be licensed by the city. Why would the contractors lobby for this requirement?

A. to create legal barrier to entry

B. to reduce the cost of building dwellings

C. to guarantee that work on dwellings is of high quality

D. to avoid informal settlers

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