s and Applications Q8 Sometimes, laws require firms to give workers certain fringe benefits, such as health insurance or paid parental leave. Consider the effects of such a policy on the labor market. Use the black point (plus symbol) to indicate the initial labor-market equilibrium. Initial Equilibrium New Demand New Equilibrium 15.00 13.50 12.00 10.50 9.00 7.50 6.00 4.50 3.00 1.50 0 Wage Quantity of Labor Demand Supply Suppose that a law requires firms to give each worker $3 of fringe benefits for every hour that the worker is employed by the fir