Refer to the given figure and assumptions. How many domestic-born (and legal immigrant) workers will be hired at equilibrium?
(1) Employers in this market are willing and able to ignore minimum wage laws;
(2) S d represents the supply of domestic-born (and legal immigrant) workers; (3) S t represents
the total supply of workers in this labor market (S d plus illegal immigrants); and (4) unless
otherwise stated, illegal immigration is not effectively blocked by the government.
A. 200,000.
B. 250,000.
C. 350,000.
D. 450,000.
B. 250,000.
Economics
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a. theory. b. opportunism. c. consumption. d. scarcity. e. efficiency.
Economics