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Multiple Choice
Which of the following is a possible reason for migration?
A
Reducing the price of goods through subsidies
B
Improving the efficiency of production technology
C
Seeking better employment opportunities
D
Increasing the supply of money in the economy
Verified step by step guidance
1
Understand the concept of migration in microeconomics, which typically refers to the movement of people from one place to another, often driven by economic incentives.
Analyze each option to see if it directly relates to the motivation behind migration:
1. Reducing the price of goods through subsidies affects consumer prices but does not directly cause people to move locations.
2. Improving the efficiency of production technology impacts firms and production costs but is not a direct reason for individuals to migrate.
3. Seeking better employment opportunities is a classic and well-known reason for migration, as individuals move to places where they expect higher wages or better job prospects.
4. Increasing the supply of money in the economy influences inflation and purchasing power but does not directly motivate migration.