dolution

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The occupation of a gas engineer in the United Kingdom is regulated. To obtain licenses, individuals need to have qualifications in areas of gas work and join the Gas Safety Register. In addition, European Union (EU) citizens who want to operate as gas engineers in the United Kingdom will also need to be registered with the Gas Safety Register.

a. How does this system help protect consumers?

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b. How might this system protect the financial interests of plumbers and gas engineers more than the well-being of consumers?

c. Briefly explain whether you consider this system to be good or bad. Is your conclusion an example of normative economics or of positive economics? Explain the reasons for your answer.

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