The Figure Given Below Represents the Effects in the Labor

question 15

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. 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).

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Definitions:

Starbucks

A global coffee company and coffeehouse chain from the United States known for its specialty coffee products and community-centered retail locations.

Coffee Beans

The seeds of the coffee plant, which are roasted, ground, and brewed to produce coffee, a popular caffeinated beverage consumed worldwide.

Ethical Issues

Concerns or dilemmas about right and wrong, moral principles, and values that arise in various contexts.

Frontline Employees

Workers who are directly involved with customers, offering services or selling products, often seen as the face of the company.