if-wages-for-software-developers-increase-significantly-in-a-neighboring-country

Question

If wages for software developers increase significantly in a neighboring country, what is the likely impact on the labor supply of software developers in the original country?

Accepted Answer

The labor supply will decrease as developers move to the neighboring country.

Answer

The labor supply will increase as developers are attracted to the original country.

Answer

The labor supply will remain unchanged.

Answer

The labor supply will become more elastic.