Figure 9.2 represents the U.S. labor market. Assume that labor and capital are the only factors of production. Also assume the initial supply schedule of labor is denoted by S0 and consists entirely of native U.S. workers. The demand schedule of labor is denoted by D0.
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-Consider Figure 9.2.Policies that permit Mexican workers to freely migrate to the United States would likely be resisted by

Question

Figure 9.2 represents the U.S. labor market. Assume that labor and capital are the only factors of production. Also assume the initial supply schedule of labor is denoted by S0 and consists entirely of native U.S. workers. The demand schedule of labor is denoted by D0.
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-Consider Figure 9.2.Policies that permit Mexican workers to freely migrate to the United States would likely be resisted by

Quizplus · Accepted Answer

Native U.S. workers would likely resist policies that permit Mexican workers to freely migrate to the United States because it would increase competition for jobs and potentially lower wages. U.S. capital owners may not resist these policies as they may benefit from the lower wages paid to these workers. Therefore, option C is incorrect. Option D is also incorrect as at least one group (native U.S. workers) would resist this policy.

Figure 92 Represents the U