We’ve seen that monopolistic ally competitive firms will try to differentiate their products in order to eliminate substitutes. Are there comparable measures that can be taken in labor markets to decrease the number of “substitutes” for some types of labor? If so, what are the measures? Can you provide an example?
Rubric is attached below. Also, two power points are attached below for clarification on the topics assigned.
Minimum of 400 words NOT including the references.
Minimum of 3 other academic sources (NOT including the class textbook).
Reference/work cited in proper APA format.