Explain the effects of migration of labor between the two nations. Use the figure attached and the marginal product of labour concept to explain your answer.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
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Explain the effects of migration of labor between the two nations. Use the figure attached and the marginal product of labour concept to explain your answer. 

 

 

MPL Countryy
MPL Country M
Wages
D
Wy
We
W M
MPL Countryy
MPL CountryM
OLy
OLM
LE
Labour
Transcribed Image Text:MPL Countryy MPL Country M Wages D Wy We W M MPL Countryy MPL CountryM OLy OLM LE Labour
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