Liquor stores in Tennessee lobby the state legislature, asking that wine shipments from out-of-state be made illegal. They argue that if consumers are allowed to buy wine from out-of-state, many in-state employees of liquor stores will lose their jobs. What would an economist likely say in response to this argument?

a. While it is easy to see the jobs destroyed by out-of-state wine sellers it is harder to see the jobs that are never allowed to exist because the workers are in wine sales instead of something else,

b. Resources that are no longer used producing goods for which Tennessee does not have comparative advantage can be reallocated to those industries in which Tennessee does have a comparative advantage making Tennesseans wealthier,

c. If people out-of-state can distribute wine at a lower price than people in-stater the consumers of this state will benefit from lower wine prices,

d. All of the above.

Respuesta :

b. Resources that are no longer used producing goods for which Tennessee does not have comparative advantage can be reallocated to those industries in which Tennessee does have a comparative advantage making Tennesseans wealthier,

Tennessee officially the usa of Tennessee, is a landlocked kingdom within the Southeastern place of the usa. Tennessee is the 36th-biggest through place and the 16th-maximum populous of the 50 states. it is bordered thru Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia, Alabama, and Mississippi to the south, Arkansas to the southwest, and Missouri to the northwest. Tennessee is geographically, culturally, and legally divided into 3 Grand Divisions of East, center, and West Tennessee. Nashville is the usa's capital and largest city, and anchors its biggest metropolitan area. other major towns encompass Memphis, Knoxville, Chattanooga, and Clarksville. Tennessee's populace as of the 2020 usa census is about 6.9 million.

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