Multiple Choice
The figure given below represents the effects in the labor markets due to migration. Here the world has been divided into a high-income "North" (left panel) and a low-income "South" (right panel) . Dn and Sn are the labor demand and the labor supply curves in North. Ds and (Sr + Smig) are the labor demand and pre-migration labor supply curves in South. Sr is the post-migration labor supply curve in South. The value c is the cost of migrating. 
When migration is not allowed, workers in North earn _____ per hour and workers in South earn _____ per hour.
A) $6.75; $4.25
B) $8.00; $4.25
C) $6.75; $3.00
D) $8.00; $3.00
Correct Answer:
Verified
Correct Answer:
Verified
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