Suppose that the labor market for low skill jobs in california is close to a competitive labor market. many of low skill labor are from mexico and central america. some politicians are considering restricting immigration from these countries. this would cause

The demand for Labour will rise while the supply for Labour will fall, this will cause the wage rate to rise

Explanation:

Competitive labour market : This is a market where there is many employers and unorganized employees to the level that a single employers in the market cannot influence the wage rate on their own either by refusing to employ or by refusing to be employed. The employers in the competitive labour market are wage taker. The wage rate in a competitive labour market is determined by the market mechanism of interplay of demand and supply. In the sense that, when the demand for Labour in the market is more than supply wage rate will rise, conversely if the supply for Labour is more than demand wage rate will fall. Then if demand for Labour is equal to supply wage rate will be favourable to both the employers and the employees in the market.

In this case, since some politicians are considering restricting immigration from these countries where the Labour comes from this will result in the shortages in the supply of labour and since demand cannot match up with the supply this will cause the wage rate to rise.

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levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.