Scenario 18-5
Suppose that workers from northern Minnesota, North Dakota, and Montana decide to emigrate to southern Canada.
-Refer to Scenario 18-5. In the labor market in southern Canada, the equilibrium wage
A)and the equilibrium quantity of labor will rise.
B)and the equilibrium quantity of labor will fall.
C)will rise, and the equilibrium quantity of labor will fall.
D)will fall, and the equilibrium quantity of labor will rise.

Question

Quizplus · Accepted Answer

When workers emigrate to southern Canada, the supply of labor increases, leading to a decrease in the equilibrium wage and an increase in the equilibrium quantity of labor.

Scenario 18-5 Suppose That Workers from Northern Minnesota, North Dakota, and Montana