Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

Labour from developing countries often moves to developed countries and obtains employment. How would this movement of labour most likely influence economic growth and the pressure for wage rises in the developed country?

  • Aeconomic growth: decrease; pressure on wage rises: decrease
  • Beconomic growth: decrease; pressure on wage rises: increase
  • Ceconomic growth: increase; pressure on wage rises: decrease
  • Deconomic growth: increase; pressure on wage rises: increase

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