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Immigration Surplus Suppose there is no immigration and a total of 100 native workers (100 units...

Immigration Surplus Suppose there is no immigration and a total of 100 native workers (100 units of labor) with perfectly inelastic labor supply.   The equilibrium wage is $10. Draw a diagram of the labor market that includes labor demand and supply. Please label the area of your diagram that represents firms income (profits) and labor income (total wages).

1. Given the situation described in A what is total income of native workers?

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Supe 1 ola н» (мit Total was sume Too is the consumer wages as same as - - consumer firm Total Demand for labor Quantity of l

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