Ask Question, Ask an Expert


Ask Business Economics Expert

Labor Economics describeed in this answer

Assume that the demand curve for labor in country Y is w = 100 - 4E, where E is measured as millions of workers. Prior to immigration, there are 20 million workers in the country. Suppose that there is an influx of 1 million immigrants into country Y. Assuming that labor accounts for 80% of country Y's gross domestic product, find out immigrant surplus as a share of national income.


Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M924143

Have any Question? 

Related Questions in Business Economics

The manufacturer innovation beverage has developed a new

The manufacturer, Innovation Beverage, has developed a new breakfast drink, Break-C. Break-C will be packaged in an 8-oz can and introduced to the breakfast drink market, which is estimated to be 21 million 8-oz cans nat ...

Imagine that you have recently been called to an interview

Imagine that you have recently been called to an interview for a financial analyst role. The hiring manager wants you to discuss the process of business planning and budgeting to help her plan for the upcoming fiscal yea ...

Discuss how the coase theorem provides an alternative to a

Discuss how the Coase Theorem provides an alternative to a government regulation and provision of services. How is the definition of private property a critical part of this analysis? Please explain in detail.

Wellstone is a furniture manufacturer for the residential

Wellstone is a furniture manufacturer for the residential market that creates a variety of furniture pieces for the dining room, living room and bedroom. One of the company’s strategies has been to hold prices fixed at t ...

The bf goodrich co decided to close one of its plants it

The B.F. Goodrich Co. decided to close one of its plants. It offered to pay a 10% bonus to any employee who continued to work in the plant until it closed. Maude Miami was employed at the existing plant; she knew of the ...

Competition amp market structure1read the disney case and

Competition & Market Structure: 1. Read the Disney Case and do the following: Draw the demand curve (downward sloping) for Disneyland illustrating the change in demand from 1980 to 1984. Show the distinction between chan ...

Assignment break-even price and shut-down priceassignmentin

Assignment: Break-even Price and Shut-down Price Assignment In this Assignment, you will define and calculate the remaining six major cost elements of a business, when given the Total Costs and the Quantity Produced, as ...

Discuss the impact of major accountingfinancial scandals on

Discuss the impact of major accounting/financial scandals on investors’ asset preferences. In your opinion how do the scandals affect foreign markets? Discuss two macro variables that affect changes in interest rates/or ...

1 suppose that a societyrsquos production possibilities for

1. Suppose that a society’s production possibilities for food and tractors is as follows: Points on the PPF Food (millions of tons) Tractors (millions) A 0 30 B 4 28 C 8 24 D 15 20 E 16 14 F 20 8 G 24 0 a. Draw the Produ ...

As you mentioned illegal conduct trading refers usually

As you mentioned "Illegal conduct trading refers usually selling and buying stocks, in breach of relationship trust and confidence or fiduciary duty, non public information about the security include tipping." Any real e ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate