20. If 100 domestic workers work at $20 per hour, and 10 immigrant workers arrive willing to work at $15 per hour; why is it incorrect to say “10 domestic workers will lose their jobs"? What is this person forgetting? A:

20. If 100 domestic workers work at $20 per hour, and 10 immigrant workers arrive willing to work at $15 per hour; why is it incorrect to say “10 domestic workers will lose their jobs"? What is this person forgetting? A:

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter26: Factor Markets: With Emphasis On The Labor Market

Section26.2: The Labor Market

Problem 4ST

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20. If 100 domestic workers work at $20 per
hour, and 10 immigrant workers arrive willing
to work at $15 per hour; why is it incorrect to
say “10 domestic workers will lose their jobs"?
What is this person forgetting? A:

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