In the Accompanying Graphs, the Pre-Migration Labor Force in Country

question 209

Multiple Choice

In the accompanying graphs, the pre-migration labor force in country A is 100 and in country B it is 150. The migration of labor will

• A)increase wages in country A and decrease wages in country B.
• B)decrease wages in country A and decrease wages in country B.
• C)decrease wages in country A and increase wages in country B.
• D)increase wages in country A and increase wages in country B.

---

Definitions:

Sales Process

The series of steps or stages sales professionals follow from initial contact with a potential client to closing the sale.

Want-Satisfaction

A sales technique focusing on identifying the desires of a customer and demonstrating how a product or service fulfills them.

Business Philosophy

An underlying set of beliefs and principles that guide a company's operations, decision-making, and strategies.

Firm's Existence

Refers to the presence of a business in the market, having operational activities, offering products or services.