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Week 12 DQ'S The Discussion Questions (DQ's) are due on Friday, November 11, 2022 at 6PM. Any late submissions will lose 10 points for every
Week 12 DQ'S The Discussion Questions (DQ's) are due on Friday, November 11, 2022 at 6PM. Any late submissions will lose 10 points for every 24 period after the deadline. You may respond in this "Discussions" portal of Canvas (respond below in the "Reply" portal, The DO's for Week Two account for 10% of the final grade. Your narratives will be evaluated on the basis of Originality and familiarity with the Tucker material Respond to 3 of 4 questions. Estimated length is 200-300 words per question, 1. Apply the basic models of Supply, Demand, and Equilibrium to Labor Markets. Use either the Chapter 11 players of Computech and Technicians, or a new modeling illustration of: al Demand for Labor, by Supply of Labor, c) Labor Market Equilibrium, and di Labor Market Disequilibrium 2. What are the analogies between Monopsony in Labor Markets, and Monopoly in Product Markets? Include references to what Tucker refers to as the "Company Town Market" 3. What makes the Standard Oil Case such an important starting point for the study of Monopoly and Antitrust! Does it seem a more important case than those Involving government antitrust action against IBM, AT&T, or Microsoft? 4. The USA has long debated the merits of either a laissez faire approach to domestic Airlines, versus treatment of the airline industry as an extension of Government itself. What is your opinion on this question? Include references to the Chapter 13 You're the Economist entry entitled "Does Airline Deregulation Mean Friendlier Skies"
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