Why do the migrants gain only areas e and f - why dont


Review the areas of gain and loss to different groups in given Figure.

Why do the migrants gain only areas e and f ?

Why don't they each gain the full southern wage markup ($3.20 - $2.00)? Why don't they each gain ($5.00 - $2.00)?

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Finance Basics: Why do the migrants gain only areas e and f - why dont
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