Symbols: Q = number of workers demanded; W = wage rate; and VTP = value of the cumulative total product (output) of the particular number of workers. Assumptions: (1) The current wage in Zinnia is $18, and the current wage in Marigold is $14; (2) full employment exists in both countries. If migration is costless and unimpeded,
A) no migration will occur.
B) migration will cause the wage in Marigold to fall.
C) 1 worker will move from Marigold to Zinnia.
D) 2 workers will move from Marigold to Zinnia.
Correct Answer:
Verified
Q43: Q44: According to the Office of Immigration Statistics, Q45: The H1-B provision of immigration law Q46: About _ of recent annual population growth Q47: Suppose that Rosa is considering migration to Q49: According to U.S. Census Bureau data (2015),![]()
A)allows 65,000
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents