Use the Following Figure to Answer the Question : Figure

question 45

Multiple Choice

Use the following figure to answer the question : Figure 18-3 :
shows the impact of immigration on the labor market of a country.Immigration in shifts the labor supply curve from S to S'.
-Refer to Figure 18-3.The total income of the residents of the country increases by the area _____ post immigration.

• A)ABC.
• B)wACw'.
• C)ABCE.
• D)wABw'.

---

Definitions:

WACC

The Weighted Average Cost of Capital provides a measure for a company's cost of capital, where each type of capital is assigned a weight based on its proportion.

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and outflows of a project or investment over time.

Capital-Labor Ratio

The ratio of the total value of capital equipment to the labor force, indicating the level of capital intensity in production processes.

Productivity Growth

The increase in the efficiency of production in an economy, typically measured as the output per hour worked.