Question

Question 2: Do you think that the countries receiving migrants will use more labor or capital in their agricultural productio
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Countries receiving migrants will use more labor in their agricultural production.

This is because with the coming of more migrants, supply of labor in the market would increase. This would push down the wage rates for labor.

While undergoing the agricultural production, since hiring labor becomes relatively cheaper now, firms and businesses will hire more labor instead of capital to bring down the production costs and make more profits.

Add a comment
Know the answer?
Add Answer to:
Question 2: Do you think that the countries receiving migrants will use more labor or capital...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT