If w_m=xw_i, L_m=a and L_i=b. Calculate the wage in the modern sector in terms of the agricultural and the informal wage.

Question options:

xwa (a+b)/(ax+b]

xwa/[(a/a+b)+(b/a+b)]

wa/[(ax/a+b)+(b/a+b)]

(1+x)/[(ax/a+b)+(b/a+b)]