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a.Suppose there are two job characteristics that workers care about, wages and dental coverage. If the government does not require employers to offer dental coverage
a.Suppose there are two job characteristics that workers care about, wages and dental coverage. If the government does not require employers to offer dental coverage to their workers, what would be the relationship between the wage level in a particular job and whether the job offers dental coverage? Suppose now that the government requires all firms to provide a standard package of dental coverage to their workers, say valued at $5,000 a year. What happens to the wage structure in the labour market?
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