Suppose that the president proposes a new law aimed

Suppose that the president proposes a new law aimed

Suppose that the president proposes a new law aimed

Suppose that the president proposes a new law aimed at reducing healthcare costs: All American are required to eat one apple daily:a.) How would this apple-a-day law affect the demand equilbrium price of apples?b.) How would the law affect the marginal product and the value of the marginal product of apple pickers?c.)How would the law affect the demand and equilbrium wage for apple pickers?

 

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