Ask Question
BusinessBusiness
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.

+5
Answers (1)
  1. 10 December, 10:03
    0
    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.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Explain how increased immigration affected the market for low-skilled labor. Discuss which curves shifted, and what happened to price and ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A public service announcement (PSA) for the Partnership for a Drug Free America is aired on three major television networks for free. This is an example of a public information message, not advertising. T/F
Answers (1)
Goal B, goal C, goal D, and goal E are on a timeline from left to right, in that order. Which goal is to be accomplished first?
Answers (1)
How much money does the founder of Google make a year?
Answers (1)
A group of middle school students were given a short course in math. The instructor was curious if a monetary incentive (money) would influence performance on a math test taken at the end of the course.
Answers (1)
Green Frog is an environmentally friendly firm in the cosmetics industry that has decided to undertake a strategic planning project.
Answers (1)
New Questions in Business
Kevin and Maria are building their portfolios. Kevin purchases shares in a mutual fund and pays fees to a manager who actively manages the mutual fund's portfolio.
Answers (1)
Beth has just been hired as a cocktail waitress. she must be certified as a seller-server within:
Answers (1)
Ashbury Corporation reports 2016 and 2017 total revenues of $90.0 million and $100.8 million respectively. If we expect prior growth to persist, we would forecast a revenue growth rate of:A. 15%B. 12%C. 24%D. 9%E. None of the above
Answers (1)
At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,000 Total fixed expenses: $ 20,000 Variable factory overhead $ 30,000 Fixed factory overhead: $ 10,000 There were no
Answers (1)
Super Saver Groceries purchased store equipment for $35,500. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $3,500.
Answers (1)
Home » Business » Explain how increased immigration affected the market for low-skilled labor. Discuss which curves shifted, and what happened to price and quantity.
Sign Up Forgot Password?