Suppose that a company pays its workers $20 per hour and provides an additional $2 per hour

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Suppose that a company pays its workers $20 per hour and provides an additional $2 per hour worth of fringe benefi ts, including a basic health insurance policy. Discuss the fi rm’s reaction to a state mandate that requires it to expand the items covered in the health care policy. What is likely to happen to the number of people employed?

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Related Book For  answer-question

The Economics Of Health And Health Care

ISBN: 9781138208049

8th Edition

Authors: Sherman Folland, Allen C. Goodman, Miron Stano

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