What happens to the labour supply curves when Mexican workers leave Mexico and move to Canada? A. Labour supply increases in both Canada and Mexico B. Labour supply decreases in both Mexico and Canada. C. Labour supply increases in Canada and decreases in Mexico D. Labour supply increases in Mexico and decreases Canada.
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I need help with econ multiple hw questions asap!
105) What happens to the labour supply
- A. Labour supply increases in both Canada and Mexico
- B. Labour supply decreases in both Mexico and Canada.
- C. Labour supply increases in Canada and decreases in Mexico
- D. Labour supply increases in Mexico and decreases Canada.
104)
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- How each of the following situations will affect labour demand, i.e. if it will cause amovement along the labour demand curve or a shift (state left or right) in the labour demandcurve. i) A decrease in the price of capital where labour and capital are substitutes. ii)If: q = L+K Wage = 20 Rate of capital = 40 How much does it cost the firm to produce q = 50? How much capital K and how much labour L is employed?3 1: The short-run demand curve slopes downward because: A: The labour supply curve slopes upward B: of the law of diminishing marginal returns to labour C: As employment levels increase, firms are forced to employ workers of lower quality D: Of the law of diminishing marginal utility E: Of the wage elasticity of labour demand 2: With respect to labour demand choice in the long run, which of the following statements is false? MPPL = marginal physical product of labour, MPPK = marginal physical product of capital, w = wage, and r = rate of return on capital A: The rate at which capital can be substituted for labour in the technology of production is equal to the rate at which capital and labour can be exchanged in the market B: MPPL/MPPK = w/r C: MPPL * r = MPPK* w D: The profit made per worker is maximized E: The marginal rate of technical substitution is equal to the ratio of factor prices 3: With respect to the labour demand choice in the long run, which…
- Assume that supply curve is vertical and labour demand curve shifts to the left.This would lead to a _______ real wage and _______ in unemployment. A) higher/increase B) lower/ decline C) no change / no change D) lower / no change E) lower / increaseAssume that supply curve is vertical and labour demand curve shifts to the left. This would lead to a ..... real wage and ..... in unemployment. a) higher/increase b)lower/decline c) no change/no change d)lower/no change e)lower/increaseQUESTION ONEa) When do individual(s) belong to a labour force of a country? Does the size of the labour force say something about the intensity of work in the labour market? Explain.b) Use the knowledge of economics to discuss factors to analyse factors that affect people’s’ decision to work.c) When is the firm operating in the short run and when does it operate in the long run? d) Discuss the factor(s) that determine how many workers the firm wishes to hire in the long run.e) In words, explain the difference between real and nominal wages.f) Suppose a firm purchases labour in a competitive labour market and sells its product in a competitive product market. The firm’s elasticity of demand for labour is 0.4. Suppose further that the wage increases by 5 percent. What will happen to the amount of labour hired by the firm?
- A firm spends 1.000 pesos regardless of how much output is produced. Evry worker hired by the firm receives a wage of 1,200 pesos. We also know that: L TP AP MP TFC TVC TC AFC AVC AC MC 0 0 1 50 2 104 3 162 4 224 5 282 6 336 7 386 8 432 9 474 10 512 11 546 12 576 13 602 14 624 15 640 Where L =…What is equilibrium in the labour market? a. Graphically demonstrate how the supply of labour in the U.S. is affected by the increase in the labour force resulting from Mexican immigrants. b.What other factors that can cause the labour supply curve to shift?he table below shows the data for males and females age 16 and over in the country of Scoob in 2020. Not in labor force Men 45 million Women 35 million Unemployed Men 5 million Women 5 million Employed Men 85 million women 65 million What was the total labor force of Scoob in 2020?
- Give typing answer with explanation and conclusion If quasi-fixed labour costs are very high, employers may try to meet their labour demand needs by: a) making their existing workers work overtime b) hiring more workers. c) Increasing the intensity of work effort d) Cutting the variable labour costs e) starting a work-sharing programA.The market demand for labour is the sum of all the individual firms’ demand curves.Identify four factors that can cause the market demand curve to shift.B.Why are labour markets imperfect? Give five reasons.supply and demand analysis in the labour market graph the following and explain your graph: an increase in labour productivity. an increase in preference for work. the trade union withdraws labour through a strike.