Answer question in complete sentences. If you decide to use a figures or graph, label it and refer to it in your essay as such (e.g. “In Figure 1 we notice that … ”). Your essay should be written clearly and grammar errors should be minimal. When introducing any concepts or key terms, make sure to define them as though the reader does not know what they mean. Remember, this is a short essay, therefore an introduction with a clear thesis statement and a conclusion should be present in your response. Please aim for 1 – 2 pages per essay to be competitive.

Discuss that labor supply should be properly understood as a common pool resource and whether or not the tragedy of commons applies in the labor market. Make sure to mention lateral and vertical exclusion in your discussion along with some brief remarks regarding externalization of collective costs.

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