Question 3 of a diagram, 3.1 Explain, with the aid assume that the demand. for low-skilled labour in South Africa is W=30-100=E where E is the number of workers in (millions) and w is the hourly wage. There are 100 million fitters who labour supply is inelastic. If South Africa opened its borders to immigration of 10 million low skilled labourers - what would be the effect in the labour market?

Economics For Today
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ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter12: Income Distribution, Poverty, And Discrimination
Section: Chapter Questions
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Question 3
of a diagram,
3.1 Explain, with the aid
assume that the demand
for low-skilled labour in South Africa is
W=30100=E where E is the number of
workers in (millions) and w is the hourly
wage. There are 100 million fitters who
labour supply is inelastic. If South Africa
opened its borders to immigration of 10
million low skilled labourers - what
would be the effect in the labour market?
Transcribed Image Text:Question 3 of a diagram, 3.1 Explain, with the aid assume that the demand for low-skilled labour in South Africa is W=30100=E where E is the number of workers in (millions) and w is the hourly wage. There are 100 million fitters who labour supply is inelastic. If South Africa opened its borders to immigration of 10 million low skilled labourers - what would be the effect in the labour market?
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