The Figure Given Below Represents the Effects in the Labor

question 49

Multiple Choice

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_n and S_n are the labor demand and the labor supply curves in North. D_s and (S_r + S_mig) are the labor demand and pre-migration labor supply curves in South. S_r is the post-migration labor supply curve in South. The value c is the cost of migrating. The net gain to the migrants is represented by the area:

• A)(a + b).
• B)(e + f).
• C)(d + e).
• D)(a + f).

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Definitions:

Kilobyte

A unit of digital information that comprises 1,024 bytes, often used to express the size of small files or amounts of data.

Binary Digit

The smallest unit of data in computing, represented by a 0 or 1, used in the binary number system.

Bits

The smallest unit of data in a computer, representing a single binary value, either 0 or 1, which can be used to represent a state, value, or part of a code.

Letter

A written, typed, or printed communication, sent by post or messenger.