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Your graph clearly illustrating the market nonunion athletes face is worth 20 points. On the same graph, the illustration of what would happen if the
Your graph clearly illustrating the market nonunion athletes face is worth 20 points. On the same graph, the illustration of what would happen if the athletes formed a union is worth 10 points. A clear and concise written answer discussing "what would happen to the equilibrium number of players on each team" is worth 10 points. A clear and concise written answer discussing "the earnings athletes would take in and the impact on the difference between earnings and the marginal revenue product of labor" is worth 10 points. The assignment is worth a total of 50 points
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