Which of the Following Statements Is True About Illegal Immigration

question 16

Multiple Choice

Which of the following statements is true about illegal immigration?

• A) Illegal immigrants are often willing to work for less pay, keeping costs and prices for consumer goods and services lower.
• B) Illegal immigration reduces wages for U.S. workers who are complementary inputs.
• C) Illegal immigration tends to reduce wages less for previous immigrants than for native-born workers.
• D) All of the other answers are correct.

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Definitions:

Profit-Maximizing

A strategy or point at which a business makes the highest profit possible, given its production costs and market demand.

Total Revenue

The entire amount of income generated by the sale of goods or services by a company before any expenses are deducted.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Costs

Costs that change in proportion to the level of goods or services that a business produces.