Question 3 of a diagram, 3.1 Explain, with the aid assume that the demand. for low-skilled labour in South Africa is W=30-100=E where E is the number of workers in (millions) and w is the hourly wage. There are 100 million fitters who labour supply is inelastic. If South Africa opened its borders to immigration of 10 million low skilled labourers - what would be the effect in the labour market?

Question 3 of a diagram, 3.1 Explain, with the aid assume that the demand. for low-skilled labour in South Africa is W=30-100=E where E is the number of workers in (millions) and w is the hourly wage. There are 100 million fitters who labour supply is inelastic. If South Africa opened its borders to immigration of 10 million low skilled labourers - what would be the effect in the labour market?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter14: Labor Markets And Income

Section: Chapter Questions

Problem 5SCQ: Compared with the share of workers in most other high-income countries, is the share of U.S. workers...

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