California’s Fast-Food Minimum Wage Hike Didn’t Cut Jobs or Raise Prices Significantly, Study Reports - eviltoast
  • Saledovil@sh.itjust.works
    link
    fedilink
    arrow-up
    1
    ·
    1 month ago

    Well, given time, prices will move to where the businesses make the most profit. If relationship between price and demand is linear, then an increase in expenses will move the ideal price point by half as much.