A state agency has recently removed the certification and training requirements for hairdressers in the state. What is likely to happen in the labor market for hairdressers?(1 point)

Responses

The demand for hairdressers will fall.
The demand for hairdressers will fall.

The demand for hairdressers will rise.
The demand for hairdressers will rise.

The wages paid to hairdressers will fall.
The wages paid to hairdressers will fall.

The wages paid to hairdressers will rise.

1 answer

The likely outcome of the removal of certification and training requirements for hairdressers is that the wages paid to hairdressers will fall.

This is because removing these requirements makes it easier for more individuals to enter the profession, thereby increasing the supply of hairdressers. When supply increases significantly, it tend to put downward pressure on wages, as more workers are available to fill the same number of jobs.