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10 December, 08:12

Explain how increased immigration affected the market for low-skilled labor. Discuss which curves shifted, and what happened to price and quantity.

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  1. 10 December, 10:03
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    The supply for low-skilled labor increased making for a decrase in the real real of wages and quantity supplied (hours of work)

    Explanation:

    As the inmigrant pushed the quantity supplied for low-skilled labor, the price per wages decrease heavily. Also, as there is now so many people working the supply exceed demand by a good margin making the salaries and wages of low-skilled job to decrease.
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