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Homework answers / question archive / For anyone interested, the state of Louisiana has a procedure that is required to become an acupuncturist
For anyone interested, the state of Louisiana has a procedure that is required to become an acupuncturist. To become a licensed acupuncturist in Louisiana, applicants must fill out and notarize forms, submit a $200 application fee, "be of good moral character," complete 36 months of training in acupuncture at an approved school or clinic or pass a certification exam from the National Certification Commission for Acupuncture and Oriental Medicine. Presumably, the licensing process protects consumers; given the information presented this week, aside from ensuring high quality acupuncture services, why else might existing acupuncturists find it in their interest to protect the licensing system? What side effects might the fees, training, and exam introduce into the acupuncture market?
The answer of the following question is given below in a detailed manner as follows:
So
The acupuncturist must have great skill in the field as it is like a medical service and one must work with the body of someone who can cause harm to the client and looking at the scene the government uses a very difficult process to obtain a license in the field and the other existing acupuncturists find it of interest as long as there are a small number of acupuncturists, your oligopoly will remain in the market with few service providers in the field of acupuncture and may charge a high amount.There will be very few acupuncturists in the market due to the fees, trainings and tests that were introduced to the market, few people will apply for the position due to the training and fees involved in the course, as licensing in such field is difficult due to the process, the oligopoly will remain in the market, which can also maintain the same level of service and there is less scope for service innovation.