Question

In: Economics

a) Explain why workers in the gig economy (such as Uber drivers) are likely to earn...

  1. a) Explain why workers in the gig economy (such as Uber drivers) are likely to earn less economic rents than traditional employees.
  2. b) Explain how the existence of more and more workers in the gig economy might potentially impact the employment conditions of traditional employees.

Note: You are expected to draw a labour-discipline model and refer to it to support your answers. This must be your work and should not be copy-and-pasted from another source. It will likely be easiest to hand-draw it and scan/photo it in to your document, and this will be suitable practice for the exam.

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