Box 42: the Price of Migration for Women from the Philippines

question 4

Multiple Choice

Box. 4.2: The Price of Migration for Women from the Philippines: Many Filipina women have found a large international demand for their service as caregivers to children and to the elderly. Most country policies are not as generous as _________________ to provide Filipina women employment opportunities to offer caregiver services to children and the elderly.

• A) United States
• B) Norway
• C) Canada
• D) South Africa

Apply the principle of optimal resource mix in firm operation contexts.

Explain the role of derived demand in the context of labor and capital as factors of production.

Understand the fundamental concept of derived demand in relation to resources.

Distinguish between the marginal revenue product (MRP) of perfect and imperfect competitors as output changes.

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Definitions:

Short-run Problem

Temporary issues faced by businesses or economies that do not affect the long-term performance, often related to fluctuations in demand or supply.

Farm Incomes

The earnings obtained from the practice of agriculture, including the sale of crops, livestock, and other farm-related products.

U.S. Farm Products

Goods produced by the agricultural sector in the United States, including crops, livestock, and dairy products.