"An effective minimum wage can increase the number of people looking for a job that cannot find one. Be sure to carefully label the axes, identify exactly what is being is demanded/supplied and show how both changes in quantity demanded/supplied contribute to this sesult. The Halifax Herald Limited 06/09/2017 - Page A11 Why a $15 minimum wage is a worry for small business JORDI MORGAN Atlantic Canadian small business owners should start bracing themsehves for the $15 minimum age campaign. Make no mistake they will also be shedding staft, cutting hours and eliminating opportunties for young, entry-level workers who make up the vast majority of those who are earming a nnuwage Our argument is with a govemment mandated spike in the wage floor, which will put the sustainabilty of small business in peri. A 32-per-cent increase in the wage floor will put enormous pressure on employers to increase the wages of all staft. Armine Yalnizyan, a principal advocate for the $15 minimum wage and an author of the Canadian Centre for Policy Alternatives (CCPA) Inequality Project, clearly stated this week Yes there will be areduction in some hours, some jobs, some businesses. No argumenit there

"An effective minimum wage can increase the number of people looking for a job that cannot find one. Be sure to carefully label the axes, identify exactly what is being is demanded/supplied and show how both changes in quantity demanded/supplied contribute to this sesult. The Halifax Herald Limited 06/09/2017 - Page A11 Why a $15 minimum wage is a worry for small business JORDI MORGAN Atlantic Canadian small business owners should start bracing themsehves for the $15 minimum age campaign. Make no mistake they will also be shedding staft, cutting hours and eliminating opportunties for young, entry-level workers who make up the vast majority of those who are earming a nnuwage Our argument is with a govemment mandated spike in the wage floor, which will put the sustainabilty of small business in peri. A 32-per-cent increase in the wage floor will put enormous pressure on employers to increase the wages of all staft. Armine Yalnizyan, a principal advocate for the $15 minimum wage and an author of the Canadian Centre for Policy Alternatives (CCPA) Inequality Project, clearly stated this week Yes there will be areduction in some hours, some jobs, some businesses. No argumenit there

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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