Suppose a new law passes requiring farms to pro-vide health benefits to farm labor. Assume that workers

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Suppose a new law passes requiring farms to pro-vide health benefits to farm labor. Assume that workers value having health benefits. When the new law goes into effect, what will happen to the wage for farm labor at equilibrium? Now suppose farm workers place no value on health benefits. How does this affect your answer?
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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