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. The migration cost on a per hour basis is:
A) $4.25.
B) $6.75.
C) $2.50.
D) $3.00.
Correct Answer:

Verified
Correct Answer:
Verified
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