Exercise 4: International labor mobility Consider the figure below, which shows employment in the home country and in a foreign country. The graph shows the marginal product of labor of Home and Foreign (indicated with and , respectively). Assume Home is initially, i.e. when migration is not possible, employing 1 labourers. a) Explain what will happen with wages and labour employed in Home when migration is possible. b) What is the effect of migration on total output? Indicate in the graph and explain in words why this is the case