Observed that in an area with a lot of illegal immigration

Assignment Help Business Economics
Reference no: EM13887075

It is observed that in an area with a lot of illegal immigration, the average wage of native born workers actually increased. Explain how this could have happened, using economic logic. Also, judge whether this is good or bad for the local economy.

Reference no: EM13887075

Questions Cloud

Elasticity of demand for employees of government offices : If county government offices required that all employees must live within the county limits, what impact would this have on the elasticity of demand for employees of the county government offices?
Purchase additional dechaffing capacity : 1.Cranberries can be harvested using either a  wet method or a dry method.
What impact would have on elasticity of demand for employees : If county government offices required that all employees must live within the county limits, what impact would this have on the elasticity of demand for employees of the county government offices?
What would be the effect on the domestic movie industry : Imagine that a foreign country’s movie industry has been traditionally protected by a quota system. With this system, movie theaters have to show domestically-made movies on at least a certain percentage of screens. If the screen quota were eliminate..
Observed that in an area with a lot of illegal immigration : It is observed that in an area with a lot of illegal immigration, the average wage of native born workers actually increased. Explain how this could have happened, using economic logic. Also, judge whether this is good or bad for the local economy.
Explain how the introduction of distance learning technology : Explain how the introduction of distance learning technology can be expected to affect the elasticity of demand for college professors.
The bahama nut company sells three different half pound : How many bags of each type should be produced and what is the maximal profit? Which constraints arebinding?
Persuasive thesis on the lathe of heaven and circle : Identifying contradictions and or paradoxes as well as consistencies and defining significant parts and how they're related
Develop and solve a linear programming model : 1.Bay Oil produces two types of fuels (regular and super) by mixing three ingredients.

Reviews

Write a Review

Business Economics Questions & Answers

  The idea of the law of demand

The idea of the Law of Demand, as applied to electric cars, assumes which of the following to be constant? When economists say that the demand for a product has decreased, they mean that: Which of the following will not cause a change in the demand f..

  Calculate the amount of economic profit or loss

With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 6 units of labor, 8 units of land, 2 units of capital, and 1 unit of entrepre..

  Expected cost of the labor in the first year

Holloman Hops has a budgeted $300,000 per year to pay for labor over the next 5 years. If the company expects the cost of labor to increase by $10,000 each year, and the interest rate is 10%, what is the expected cost of the labor in the first year?

  When using creativity to generate new concepts

When using creativity to generate new concepts, should our focus primarily be directed to external markets? Why, or why not? Defend your answer and offer a specific example to support it.

  Let the inverse demand curve for tennis classes

Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q.

  What are the monopoly output and profits

What are the monopoly output and profits? Why are monopoly profits and collusive profits not the same? Is the collusive agreement in (b) a Nash equilibrium?

  Explain how much leisure they consume

Explain how do payroll taxes levied on earnings of workers affect their decisions about Explain how much leisure they consume?

  What percent of the total complaints can be attributed

What percent of the total complaints can be attributed to the most prevalent complaint?

  What might have caused those advertisers expenditures

Look at those whose advertising went down by double digits from the prior year. Speculate about what might have caused those advertisers' expenditures to decline.

  Calculate the cost of the companys retained earnings

The corporate treasurer of Rollinsford Company expects the company to grow at 3% in the future, and debt securities at 4% interest (tax rate = 35%) to be a cheaper option to finance the growth. The current market price per share of its common stock i..

  What is his margina utility for kumquats

Andy purchases only two goods, apples (q1) and kumquats (q2). He has an income of $40 and can buy apples at $2 per pound and kumquats at $4 per pound. His utility function is U(q1,q2)=3(q1)+ 5(q2). What is his marginal utility for apples and what is ..

  At what cost will it shut down given that all its fixed cost

Just breaks even over the year as whole. a Wouldn't the restaurant do better by staying closed out of season. At what cost will it shut down, given that all its fixed costs are sunk.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd