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Refer to the diagram to the right: At the level of employment of L1, the marginal product of ' labor in Home is greater than
Refer to the diagram to the right: At the level of employment of L1, the marginal product of ' labor in Home is greater than the marginal product of labor in Foreign. With labor migration, employment in Foreign will decrease Using the point drawing tool, identify the point of equilibrium after labor migration has occurred. Carefully follow the instructions above and only draw the required object. Marginal product of labor, MPL 60- 55- 50- 45- 40- 35- 30- 25- 20- 15- 5- MPL* MPL 0- Home employment Foreign employment -5- Total world labor force
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