Under present U.S. law, marijuana is an example of

If a union can successfully shift the demand curve for union labor rightward, the union can achieve

A) an increase in wages and employment. B) an increase in wages but a decrease in employment. C) an increase in employment but a decrease in wages. D) a decrease in both employment and wages.

One reason to require licensing of attorneys is that

A. legal services are a private good. B. legal services generate positive externalities. C. consumers of legal services lack perfect information. D. legal services are used primarily by the wealthy.