Figure 9.3 represents the Mexican 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 Mexican workers.The demand schedule of labor is denoted by DMexico.

-Consider Figure 9.3.Policies that permit Honduran workers to freely migrate to Mexico would likely be resisted by:

Question

Figure 9.3 represents the Mexican 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 Mexican workers.The demand schedule of labor is denoted by DMexico.
 
-Consider Figure 9.3.Policies that permit Honduran workers to freely migrate to Mexico would likely be resisted by:

Quizplus · Accepted Answer

Native Mexican workers would likely resist policies that permit Honduran workers to freely migrate to Mexico because they would face increased competition for jobs, which could lower wages and worsen working conditions. Mexican capital owners, on the other hand, may actually benefit from increased immigration because it could lower labor costs and increase profits. Therefore, the correct answer is B, only native Mexican workers would resist the policy.

Figure 93 Represents the Mexican Labor Market