Symbols: Q = Number of Workers Demanded; W = Wage

question 239

Multiple Choice

Symbols: Q = number of workers demanded; W = wage rate; and VTP = value of the cumulative total product (output) of the particular number of workers. Assumptions: (1) The current wage in Zinnia is $20, and the current wage in Marigold is $12; (2) full employment exists in both countries.Refer to the given data, symbols, and assumptions. Migration of workers will

• A)increase the combined value of total product but reduce the wage in Zinnia.
• B)increase the combined value of total product but reduce the wage in Marigold.
• C)reduce the combined value of total product but increase the wage in Marigold.
• D)reduce the combined value of total product but increase the wage in Zinnia.

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Definitions:

Haptic Senses

The perception of touch and sensation through skin, muscles, tendons, and joints, enabling the ability to feel physical objects.

Perceptual Process

The series of steps that begins with stimuli in the environment and leads to the perception of that stimulus, involving selection, organization, and interpretation of sensory input.

Exposure

refers to the state of being subject to an influencing factor or environment, often relating to the amount of light in photography, the spread of disease, or the risk factor in finance.

Sense of Sound

The perception or ability to detect vibrations through the ear, leading to the experience of hearing.