What will happen to the wage for farm labor at equilibrium

Reference no: EM132178242

Question: Suppose a new law passes requiring farms to provide health benefits to farm labor. Assume that workers value having health benefits. When the new law goes into effect, what will happen to the wage for farm labor at equilibrium? Now suppose farm workers place no value on health benefits. How does this affect your answer?

Reference no: EM132178242

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