| Question | If a competitive firm is paying $8 per hour (with no fringe benefits) to its employees, what would tend to happen to its equilibrium wage if the company began to give on-the-job training or free health insurance to its workers? What would happen to the firm’s on-the-job training and workers’ health insurance if the government mandated a minimum wage of $9 an hour? |
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| Subject | business-economics |
