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atzanteol , 10 months ago There are many factors that affect price. Wages is one of them. Do you dispute that wages affect price? Why would you expect an across the board increase in labor costs to have zero affect on prices? To take it to an extreme - if CA raised the minimum to $100/hr would you expect a 1$ burger still?
There are many factors that affect price. Wages is one of them.
Do you dispute that wages affect price? Why would you expect an across the board increase in labor costs to have zero affect on prices?
To take it to an extreme - if CA raised the minimum to $100/hr would you expect a 1$ burger still?