After you have studied Reading between the Lines on pp. 434–435, answer the following questions:
a. Is the average difference in the salaries of charter school and regular public school teachers greater or smaller than the difference at the top end of the pay scales?
b. What are the influences on the demand for the highest paid teachers that explain their high wage rates?
c. What are the influences on the supply of the highest paid teachers that explain their high wage rates?
d. Draw a graph of the market for the highest paid teachers.
e. If all charter school teachers became unionized, how would the market for these teachers change? Illustrate your answer with a graph
f. How would you expect unionization of charter school teachers to influence the unionized market for regular public school teachers?
g. If the public school systems were able to break the teachers’ union, how would the market for regular public school teachers change? Illustrate your answer with a graph.