A study of the market for optometrists' services in the 1960s showed that

a. all states in the United States prohibited advertising by optometrists.
b. almost all professional optometrists opposed legal restrictions on their rights to advertise.
c. the average price of eyeglasses would decrease if the legal restrictions on advertising by optometrists were removed.
d. advertising on eyeglasses limited competition among optometrists.

c

Economics

You might also like to view...

Tying is a form of price discrimination in which one good called the ____ is tied to a second good called the ____.

Fill in the blank(s) with the appropriate word(s).

Economics

Adam Smith (1776) is primarily associated with the theory that industrialization proceeds at the expense of the working class

Indicate whether the statement is true or false

Economics