How would the arrival of cuban refugees in the labor market
Problem
How would the arrival of Cuban refugees in the labor market for low-skilled labor in Miami be demonstrated in the conventional supply and demand model, according to the non-price determinants of supply and demand?
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Draw a graph demonstrating a negative externality. Make sure you label Marginal Social Cost, Marginal Private Cost, Demand, and identify the external cost.
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How would the arrival of Cuban refugees in the labor market for low-skilled labor in Miami be demonstrated in the conventional supply and demand model?
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