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The Figure Given Below Represents the Effects in the Labor

question 15

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The figure given below represents the effects in the labor markets due to migration. Here the world has been divided into a high-income "North" (left panel) and a low-income "South" (right panel) . Dn and Sn are the labor demand and the labor supply curves in North. Ds and (Sr + Smig) are the labor demand and pre-migration labor supply curves in South. Sr is the post-migration labor supply curve in South. The value c is the cost of migrating. The figure given below represents the effects in the labor markets due to migration. Here the world has been divided into a high-income  North  (left panel)  and a low-income  South  (right panel) . D<sub>n</sub> and S<sub>n</sub> are the labor demand and the labor supply curves in North. D<sub>s</sub> and (S<sub>r</sub> + S<sub>mig</sub>)  are the labor demand and pre-migration labor supply curves in South. S<sub>r</sub> is the post-migration labor supply curve in South. The value c is the cost of migrating.   After the migration, the native employees in North: A) lose welfare given by area 'a'. B) gain welfare given by area (a+b) . C) lose welfare given by area (a+b) . D) lose welfare given by area (e + f) . After the migration, the native employees in North:


Definitions:

Evolutionary Psychology

A theoretical approach in the social and natural sciences that examines psychological structure from a modern evolutionary perspective.

Sociobiology

A branch of biology that explains social behavior in all species by considering evolutionary advantages and genetics.

Mores

The essential or characteristic customs and conventions of a community.

Folkways

Informal norms or customs that guide everyday conduct and social interactions within a particular culture or community.

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