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Assume that a labor market has the following supply and demand functions: L3=59+8W LD=614-4W where W is the wage. Insurance is added as a benet

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Assume that a labor market has the following supply and demand functions: L3=59+8W LD=614-4W where W is the wage. Insurance is added as a benet for employees. Employers pay $13 per employee for insurance and the employees value the insurance at $19. What is the amount of labor after insurance? ROUND TD TWO DECIMAL PLACES

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