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 the northern United States, 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

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The Answer of 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 the northern United States, 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.

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