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. As a result of migration, the employers in North:
A) lose $131.25 million.
B) gain $31.25 million.
C) gain $162.5 million.
D) lose $100 million.
Correct Answer:

Verified
Correct Answer:
Verified
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