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Assuming Competitive Markets,migration in Response to Wage Differentials Will Likely

Question 8

Multiple Choice

Assuming competitive markets,migration in response to wage differentials will likely result in:


A) an increase in the total value of output,but reduced economic efficiency
B) a decrease in both the value of output and economic efficiency
C) an increase in both the value of output and economic efficiency
D) an increase in the size of the wage differential

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