Question 3: In Home and Foreign there are two factors of production, land and labor, used to produce only one good. The land supply in each country and the technology of production are exactly the same. The marginal product of labor in each country depends on employment as follows: Number of Workers Employed Marginal Product of Last Worker 30 29 W N 28 4 27 5 26 6 25 7 24 8 23 9 22 10 21 11 20 12 19 Initially there are 12 workers employed in Home but only 4 workers in Foreign. Find the effect of free movement of labor from the low wage to the high wage country. When such economic migration ceases, in each country what will be the - (i) number of workers (ii) level of production, (iii) real wage (iv) and the income of landowners