The services of real estate brokers are provided in a competitive mark

The services of real estate brokers are provided in a competitive market. If the state Board of Realtors enacts several requirements that limit the number of real estate brokers, then social welfare will most likely

A) not change, but there will be a transfer from consumer to producer.
B) not change, but there will be a transfer from producer to consumer.
C) decrease, although producers are made better off.
D) decrease, although consumers are made better off.

ANSWER

C