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Price of Labor (Wage per hour) S before immigration S after immigration E3 ૩ WWW E1 E2 0 E1 E2 Q1 Q2 Q3 Labor Force before immigration D after immigration Labor Force after immigration before immigration LF, LF₂ Quantity of Labor (in millions of workers)
Determine the short- and long-run effects of immigration.
Consider the graph of a labor market before and after an influx of immigrant workers.
What effect does the influx have on the quantity demanded of workers in the short run?
a.)
The quantity demanded remains the same.
b.)
The quantity demanded decreases from Q subscript E 1 end subscript to Q subscript E 2 end subscript.
c.)
The quantity demanded decreases from Q subscript E 3 end subscript to Q subscript E 1 end subscript.
d.)
The quantity demanded increases from Q subscript E 1 end subscript to Q subscript E 2 end subscript.
Sagot :
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