Suppose a mexican immigrant to the us could earn 20000 in


Suppose a Mexican immigrant to the US could earn $20,000 in the US and $4000 if she stayed home in Mexico. Also assume that she will live and work forever, and that her discount rate is 8%. If she does not migrate, what is the lowest possible implied cost to her of migrating?

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Business Economics: Suppose a mexican immigrant to the us could earn 20000 in
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