With Labor Migration, the Country of Origin Experiences

question 40

Multiple Choice

With labor migration, the country of origin experiences

• A) an increase in output and a rising wage rate.
• B) an increase in output and a falling wage rate.
• C) a decrease in output and a falling wage rate.
• D) a decrease in output and a rising wage rate.

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Definitions:

Supply

The total amount of a good or service available for purchase at any given price.

Suppliers

Entities that provide goods or services to consumers or other businesses in the market.

Supply

The complete quantity of a particular product or service accessible to buyers.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing to supply.