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Correct AI'ISWE r Assume that a labor market has the following supply and demand functions: L3 = 99 + 10W Ln = 527 M where

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Correct AI'ISWE r Assume that a labor market has the following supply and demand functions: L3 = 99 + 10W Ln = 527 M where Wis the wage. Insurance is added as a benet for employees. Employers pay $18 per employee for insurance and the employees value the insurance at $10. What is the new wage with insurance? ROUND T0 TWO DECIMAL PLACES 11.88 11.88 margin of error +f- 0.1

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