Problem
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?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.