2). Traveling North by Many Methods with Great Risk (20 points)

The price is typically between $4,000-$8,000 for a set of "coyotes" or smugglers to transport a child from Central America to the US border. These prices are more than twice the yearly median income in Central America. (graphs please)

a). Take several educated guesses using micro logic to explain factors that might lead to these prices?

b). Discuss some externalities or informational failures that might be part of these smuggling markets