In the Short Run, Which of the Following Will Reduce

question 77

Multiple Choice

In the short run, which of the following will reduce the gains from labor migration to the recipient nation?

• A) Workers remit less than the value of their marginal products.
• B) Migrant workers have a declining marginal product so that the equilibrium wage is lower than marginal products of earlier immigrants.
• C) Immigrants are low cost in terms of adjustment costs such as crime prevention, language assimilation, and few children enrolled in school.
• D) Workers remit more than the value of their marginal products.

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Definitions:

Ideal Standards

Standards that assume peak efficiency at all times.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected (standard) quantity, multiplied by the standard cost of those materials.

National Distribution

The process of distributing products or goods across an entire country, often involving multiple transportation and logistics strategies.

Grams

A metric unit of mass equal to one thousandth of a kilogram, often used to measure small quantities of material.