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BrendanOO7 BrendanOO7
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6 years ago
In a competitive industry, it takes a fixed ratio of one skilled worker and two unskilled workers to produce a unit of output. If the immigration of unskilled workers lowers the wage of unskilled workers, it will likely
A) increase the demand for skilled workers due to the scale effect.
B) increase the demand for skilled workers due to the substitution effect.
C) decrease the wage but increase the employment of domestic unskilled workers.
D) All of the above will occur.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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BrendanOO7 Author
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6 years ago
Correct Slight Smile TY
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Yesterday
Good timing, thanks!
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2 hours ago
Thank you, thank you, thank you!
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