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The city of Urbanopolis has 3,000 Jobs, , that each pay a fixed wage, = 1, 000 Urbanopolis is surrounded by a vast rural countryside
The city of Urbanopolis has 3,000 Jobs, , that each pay a fixed wage, = 1, 000 Urbanopolis is surrounded by a vast rural countryside where wages are lower, fixed at . = 100 The total working population of Urbanopolis and its surrounding rural countryside make up a labor pool of 10,000 people. This total labor pool is composed of Urban labor, , and Rural labor, These are the only two jobs types, so = = 10, 000 Consider the odds of getting a job in the city to be simply the ratio of available jobs to urban dwellers (both employed and unemployed) i.e
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