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3. Using a supply-anddetnand graph, show and explain the following effects. (10 points total; 5 points each) a. The effect of liberalized immigration laws in

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3. Using a supply-anddetnand graph, show and explain the following effects. (10 points total; 5 points each) a. The effect of liberalized immigration laws in the US. on the equilibrium market price and quantity for healthcare. Assume that the liberalized immigration laws lead to: (i) a substantial number of highly trained physicians and nurses entering the us. and (ii) a substantial number of low-income individuals who had not previously received adequate healthcare in their home country entering the US. b. The effect of a state preventing nurse practitioners from offering ofce visits on the equilibrium market price and quantity for ofce visits with physicians

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