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a. Suppose that workers do not value gym membership at all. What happens to wages and employment? Please include a graph in your answer. b.
a. Suppose that workers do not value gym membership at all. What happens to wages and employment? Please include a graph in your answer.
b. Suppose that workers value gym membership at $150. What happens to wages and employment?
c. Suppose that workers place a negative value on having a gym at work for example, because they dislike the noise. What happens to wages and employment?
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