Refer to Figure 1, where A = agriculture and M = manufacturing. We know that som

Question

Refer to Figure 1, where A = agriculture and M = manufacturing. We know that some of the immigration labor stays in agriculture after immigration takes place because the distance L to L' is paradoxical to the Delta L the distance L to L' is equal to the Delta L the distance L to L' is more than the Delta L the distance L to L' is less than the Delta L Regarding our discussion of immigration, we said the following: workers would generally favor immigration in the SR, but capital and land-owners would oppose it in the SR workers would generally oppose immigration in the SR, but capital and land owners would favor it in the SR workers would generally oppose immigration in the LR, but capital and land owners would oppose it in the SR workers would generally oppose immigration in the LR, but capital and land owners would favor it in the LR Refer to Figure 2. Consider that for this country, the world price of the good is $3. Which answer best represents a measure of total PS for the $3 price? area a + b + d area d area b + d area c

Explanation / Answer

4 Figure is n't there

5. A

6 D. Area C .

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