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Based on your knowledge from the labor economics theory, explain why a college student is more likely to accept an unpaid internship as compared to
Based on your knowledge from the labor economics theory, explain why a college student is more likely to accept an unpaid internship as compared to a university graduate with three years of experience. Sketch a drawing that compares the indifference curves shapes and the budget constraints facing each individual. Assume that both individuals have zero non-labor income.
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