Multiple Choice
refer to the following information given in the table below. There are initially 28 workers in market A and 63 workers in market B as indicated by the shaded cells. All markets are assumed competitive and there is perfect information and costless migration; jobs in markets A and B are identical in all nonwage aspects.
-Given the initial situation,which one of the following may be expected to occur?
A) Workers will migrate from A to B
B) Workers will migrate from B to A
C) There will be no migration of workers
D) A migration pattern cannot be determined from the information
Correct Answer:
Verified
Correct Answer:
Verified
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