Problem
Minimum Wage Laws Imagine that you own a fast-food restaurant, which is in a competitive industry. The restaurant employs 20 workers, who are paid the minimum wage. Next month, Congress passes a law that will increase the minimum wage you must pay your workers by $1 per hour. What steps could you take to control your production costs and protect your profits?
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.